Morning Trend | CHINA SANJIANG (2198.HK) short-term main force pushes up, has the high volatility window period opened?
China Sanjiang Chemical (2198.HK) stock price has recently continued to attract attention from major funds, with a clear daily MACD golden cross pattern, indicating a short-term bullish trend. After a high-volume surge, market fund divergence has increased, and some profit-taking phenomena have begun to emerge. Trading volume has proportionally increased alongside the stock price surge, showing strong volume-price resonance. During the trading session, the main force relied on continuous lifting to create a technical breakthrough, but as the historical high approaches, the probability of a pullback after a peak gradually increases. The company's fundamentals benefit from the recovery of the chemical industry, with rising raw material prices and increased downstream demand providing support for performance growth. However, it is necessary to closely monitor uncertainties such as global commodity fluctuations and policy adjustments. In the short term, if trading volume remains active and can break through key resistance levels, there is hope for opening up new upward space. If the high-level challenge is blocked, it is expected to enter a period of intense fluctuations or even test the support line. In terms of operations, it is recommended to closely monitor fund flows and intraday fluctuations, and to be adept at using profit-taking and stop-loss strategies. In conclusion, a high-level volatility window has emerged, and caution is advised when chasing high prices; it is preferable to wait for a pullback to buy low or to layout after a technical breakthrough
China Sanjiang Chemical (2198.HK) stock price has recently continued to attract attention from major funds, with a clear daily MACD golden cross pattern, indicating a short-term bullish trend. After a high-volume surge, market fund divergence has increased, and some profit-taking phenomena have begun to emerge.
The trading volume has proportionally increased alongside the stock price surge, showing strong volume-price resonance. During the trading session, the main force relied on continuous lifting to create technical breakthroughs, but as the historical high point approaches, the probability of a pullback after a peak gradually increases.
The company's fundamentals benefit from the reversal of the chemical industry, with rising raw material prices and increased downstream demand providing support for performance growth. However, it is necessary to closely monitor uncertainties such as global commodity fluctuations and policy adjustments.
In the short term, if trading volume remains active and can break through key resistance levels, there is hope for opening up new upward space. If the high-level breakthrough is blocked, it is expected to enter a period of intense fluctuations or even test the support line.
In terms of operations, it is recommended to closely monitor fund flows and intraday fluctuations, and to be adept at using stop-loss and take-profit strategies. In conclusion, a high-level volatility window has emerged, and caution is advised when chasing high prices; it is preferable to wait for a pullback to buy low or to layout after a technical breakthrough
