Morning Trend | MAGNUSCONCORDIA remains in a stalemate, a breakthrough direction is coming?

MAGNUSCONCORDIA (1172.HK) has recently shown a persistent stalemate in its stock price, repeatedly oscillating around the moving average range, demonstrating a tight tug-of-war between bullish and bearish forces. Yesterday, the MACD indicator produced a golden cross, enhancing the short-term technical signal and indicating that market sentiment is quietly shifting towards bullish. The current oscillation range is building a bottom between the previous low and the 10-day moving average, with strong intraday volatility and signs of gradually increasing turnover rate. Currently, the main funds are testing the waters in batches, with frequent unusual market movements and increased large order buying intensity. If short-term trading volume continues to be released and the main funds show a stronger willingness to push up, it is expected to break through the consolidation range and initiate a new upward trend. Conversely, if the sector's heat diminishes or incremental funds cannot be sustained, there is still a possibility of maintaining repeated ranges or even forming a slight pullback risk. The operational strategy should focus on monitoring changes in trading volume and unusual movements of the main funds to grasp the breakout direction. If there is an effective volume breakout above the resistance level, the bullish trend will be further confirmed. If the breakout fails, it is advisable to be cautious in the short term and pay attention to the support line's holding strength. Overall, MAGNUSCONCORDIA is at a turning point, and the breakout direction is about to be revealed. Investors need to flexibly adjust their positions and dynamically respond to changes