Morning Trend | CN ANCHU ENERGY Short-term Surge, Has the New Energy Concept Boom Not Subsided?
CN ANCHU ENERGY (2399.HK) continued its short-term rally yesterday, becoming another active target in the new energy sector. Recently, many regions in China have been increasing investments in new energy infrastructure, with related policies being introduced intensively, attracting active short-term funds. The market shows that main funds are simultaneously favoring high-position leaders and low-position rebound varieties, maintaining high activity across the industry. On the technical side, the daily MACD formed a golden cross this week, and the stock price has stabilized above all short- and medium-term moving averages. The bullish atmosphere continues to boost sentiment, but caution is needed regarding the accumulation of risks from chasing high prices. Generally speaking, the higher the sector's heat, the greater the divergence and pullback pressure. If there is a divergence in funds during the session or if policy-driven expectations change, short-term fluctuations may intensify. In terms of operations, it is recommended to closely monitor the daily trading volume and fund flow changes, especially focusing on sector linkage effects and the policy implementation cycle. Short-term positions should be dynamically adjusted, and it is advisable not to cling too much to high positions; timely profit-taking and stop-loss measures should be set when sector enthusiasm declines. If both policies and incremental funds drive the market, there is still potential for the stock price to further challenge previous highs and open up new space. Overall, the bullish sentiment for CN ANCHU ENERGY has not faded, but one must remain vigilant for emotional turning points and market fluctuations
CN ANCHU ENERGY (2399.HK) continued its short-term rally yesterday, becoming another active target in the new energy sector. Recently, many regions in China have been increasing investments in new energy infrastructure, with related policies being introduced intensively, attracting active short-term funds. The market shows that main funds are simultaneously favoring high-position leaders and low-position rebound varieties, maintaining a high level of activity across the industry.
On the technical side, the daily MACD formed a golden cross this week, and the stock price has stabilized above all short- and medium-term moving averages. The bullish atmosphere continues to boost sentiment, but caution is needed regarding the accumulation of risks from chasing high prices. Generally speaking, the higher the sector's heat, the greater the divergence and pullback pressure. If there is a divergence in funds during the trading session or if expectations for policy-driven changes arise, short-term volatility may increase.
In terms of operations, it is recommended to closely monitor the changes in daily trading volume and fund flow, especially focusing on the sector's linkage effects and the policy implementation cycle. Short-term positions should be dynamically adjusted, and it is advisable not to cling too much to high positions; timely profit-taking and stop-loss measures should be set when sector enthusiasm declines. If both policy and incremental funds drive the market, there is still potential for the stock price to further challenge previous highs and open up new space. Overall, the bullish sentiment for CN ANCHU ENERGY has not faded, but one must remain vigilant for emotional turning points and market fluctuations
