Morning Trend | Graphex shows strong volume, is high-level volatility coming?

Graphex (6128.HK) has recently seen a significant increase in trading volume, with its stock price continuously rising from a recent low, forming a clear breakout pattern. Yesterday, a golden cross appeared on the daily MACD, with the indicator's histogram turning from negative to positive, indicating an increased willingness of institutional funds to position themselves in the short term. The K-line has consistently closed above the 5-day and 10-day moving averages, showing that the bullish structure is becoming more solidified. Meanwhile, southbound funds and active technical funds have joined in, driving the short-term trend to continue to develop. Moving forward, there are both risks and opportunities in high-level fluctuations; attention should be paid to whether today's volume continues to gently increase and whether the main force continues to support the market. If the volume is sufficient and the stock price stabilizes at a high level, further attempts to challenge the previous high may not be ruled out. However, if there is a shift in market style or a diversion of sector funds, a rapid pullback may occur, and caution should be exercised against chasing high prices. Technically, the 5-day moving average forms a core support area; if it holds effectively, an upward channel may be established. If there are frequent fluctuations during the session, further attention should be paid to intraday trading volume and market movements. Overall, the current short-term bullish pattern is established, but intensified fluctuations are imminent; position sizing, timing, and risk control remain the core of future operations