Morning Trend | AAC TECH (2018.HK) shrinks in volume and dips, will a rebound window near support open?

Technical Forecast
2025.11.24 01:00
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AAC TECH (2018.HK) experienced a sluggish market yesterday, facing continuous short selling pressure from the opening phase, with funds flowing out throughout the day. The stock price remained below the 20-day and 60-day moving averages, in a weak consolidation range. The electronics sector as a whole was under pressure, lacking positive stimuli from new consumer electronics products, and the market's trading activity was cautious, reflecting insufficient confidence among market participants regarding the recovery of industry demand. Some institutions believe that the short-term industry "exchanging price for volume" will have limited effects, and the uncertainty in overseas markets has hindered the growth logic of electronic stocks. There were no bright spots in the news to catalyze buying, leading to continued market observation, with reduced volume and fluctuations in the afternoon, indicating significant bottom support pressure. On the technical side, the MACD has just formed a death cross, with short- and medium-term moving averages pressing down, limiting the willingness to rebound. If key support is lost during the session, any unusual fund movements or new news catalysts could become the main suspense for short-term recovery. It is essential to dynamically track changes in volume and price and sector feedback, while being cautious of the risk of inertia-driven downward movements

AAC TECH (2018.HK) experienced a sluggish market yesterday, facing continuous short selling pressure from the opening phase, with funds flowing out throughout the day. The stock price remained below the 20-day and 60-day moving averages, in a weak consolidation range. The electronics sector as a whole was under pressure, lacking positive stimuli from new consumer electronics products, and market trading activity was cautious, reflecting insufficient confidence among market participants regarding the recovery of industry demand. Some institutions believe that the short-term industry "exchanging price for volume" has limited effectiveness, and the uncertainty in overseas markets has hindered the growth logic of electronic stocks. There were no bright spots in the news to catalyze buying, leading to continued market observation, with reduced trading volume and fluctuations in the afternoon, indicating significant bottom support pressure. On the technical side, the MACD has just formed a death cross, with short- and medium-term moving averages acting as resistance, limiting rebound willingness. If key support is lost during the session, any unusual fund movements or new news catalysts could become the main suspense for short-term recovery. It is essential to dynamically track changes in volume and price, as well as sector feedback, and to be cautious of the risk of inertia-driven downward movements