Early Morning Trend | DZUG consolidates at the critical point, is the defensive range about to open direction?
DZUG (1635.HK) is currently at a critical consolidation point after yesterday's close, with the stock price testing the support of the defensive range. The daily K chart shows that DZUG has recently been consolidating with reduced volume, and the short-term moving averages of 5 days, 10 days, and 20 days are gradually converging. The K-line is fluctuating narrowly in a horizontal manner, and the MACD continues to hover near the zero axis, reflecting an intensifying divergence between bulls and bears. From a funding perspective, the net outflow of large orders from the main players is slowing down, with existing funds primarily engaged in short-term speculation. The intraday trend also repeatedly revolves around key price levels, indicating a noticeable wait-and-see sentiment among large funds. Fundamentally, the public utility industry where DZUG operates benefits from stable cash flow and policy support. Recent policy catalysts and marginal benefits from electricity price adjustments have attracted some defensive funds, but there is an overall lack of a strong mainline logic for significant upward movement. At this stage, DZUG needs to pay attention to the support strength of the long-term moving averages (such as the 30-day and 60-day moving averages) and the volume performance of intraday transactions. If there is a volume breakout above the pressure zone after consolidation, or if there is an influx of funds combined with external positive factors, the short-term outlook may be strong. However, if the volume continues to decrease and market rotation remains weak, the defensive zone may face a breakdown risk, and position sizes should be strictly controlled. Short-term operations should be flexibly adjusted based on changes in volume and intraday transactions, with a strategy to maintain positions within the defensive zone being advisable
DZUG (1635.HK) is currently at a critical consolidation point after yesterday's close, with the stock price testing the support of the defensive range. The daily K chart shows that DZUG has recently been consolidating with reduced volume, and the short-term moving averages of 5 days, 10 days, and 20 days are gradually converging. The K-line is fluctuating narrowly in a horizontal manner, and the MACD continues to hover near the zero axis, reflecting an increase in bullish and bearish divergence. From a funding perspective, the net outflow of large orders from the main players is slowing down, with existing funds primarily engaged in short-term speculation. The intraday trend also repeatedly revolves around key price levels, indicating a noticeable wait-and-see sentiment among large funds.
Fundamentally, the public utility industry where DZUG operates benefits from stable cash flow and policy support. Recent policy catalysts and marginal benefits from electricity price adjustments have attracted some defensive funds, but there is an overall lack of a strong mainline logic for significant upward movement. At this stage, DZUG needs to pay attention to the support strength of the long-term moving averages (such as the 30-day and 60-day moving averages) and the volume performance of intraday transactions. If there is a volume breakout above the pressure zone after consolidation, or if there is an influx of funds combined with external positive factors, the short-term outlook may be strong. However, if the volume continues to decrease and market rotation remains weak, the defensive zone may face the risk of a breakdown, and position sizes should be strictly controlled. Short-term operations should be flexibly adjusted based on changes in volume and intraday transactions, with a strategy of maintaining positions within the defensive zone being advisable
