Morning Trend | Mengniu Dairy encounters resistance after a surge, with main forces increasing positions and intraday fluctuations intensifying?
Mengniu Dairy (2319.HK) saw active capital after hours on November 28, with a significant increase in trading volume during the session. News of the continuous advancement of high-end product lines and performance meeting expectations in the first three quarters directly boosted market sentiment. The overall trend of high-endization in the sector is generally viewed positively by the market, and the willingness of main funds to test and increase positions is evident. The stock price has tested the area above the 20-day moving average multiple times in the short term, with significant fluctuations in intraday trading, intensifying the competition between main funds and retail investors. From a technical perspective, the MACD signal for Mengniu Dairy at the daily level continues to warm up, with the 5-day and 10-day moving averages turning upward, indicating a dominant bullish atmosphere. In the short term, if the volume continues to increase, the stock price is expected to challenge higher resistance levels. However, it is important to note that after a rise to high levels, market divergence has begun to widen, with some short-term funds taking profits in batches, leading to a significant increase in market volatility. From an industry perspective, the current policy environment is overall stable, and the logic of high-endization and brand concentration in the dairy industry remains valid. In the short term, it is crucial to closely monitor intraday trading volume performance; maintaining increased trading volume will help further establish short-term upward momentum. Once the volume weakens, the risk of a sharp short-term pullback will dramatically increase. In the face of expanding bullish and bearish divergences within the sector, it is recommended that investors primarily adopt a strategy of buying on dips while guarding against the risk of pullbacks after chasing high prices. Overall, a preliminary bullish pattern for Mengniu Dairy has formed, but its sustainability relies on volume support and event-driven factors, increasing the difficulty of operations. Right-side traders should strengthen dynamic position adjustments to control risks
Mengniu Dairy (2319.HK) saw active capital after the market closed on November 28, with a significant increase in trading volume during the session. News of the continuous advancement of high-end product lines and performance meeting expectations in the first three quarters directly boosted market sentiment. The overall trend of high-end sector development is generally viewed positively by the market, with main capital showing a clear willingness to test increasing positions. The stock price has repeatedly tested the area above the 20-day moving average in the short term, with significant fluctuations in intraday trading, intensifying the competition between main capital and speculative funds.
From a technical perspective, the MACD signal for Mengniu Dairy at the daily level continues to warm up, with the 5-day and 10-day moving averages turning upward, indicating a dominant bullish atmosphere. In the short term, if the volume continues to increase, the stock price is expected to challenge higher resistance levels. However, it is important to note that after a rise to high levels, market divergence has begun to increase, with some short-term funds already taking profits in batches, leading to a significant increase in market volatility.
From an industry perspective, the current policy environment is overall stable, and the logic of high-end development and brand concentration in the dairy industry remains effective. In the short term, it is necessary to closely monitor intraday trading volume performance; maintaining increased trading volume will help further establish short-term upward momentum. Once the trading volume weakens, the risk of a sharp pullback in the short term will dramatically increase. In the face of expanding bullish and bearish divergences within the sector, it is recommended that investors primarily adopt a strategy of buying on dips while guarding against the risk of chasing high prices.
Overall, a preliminary bullish pattern for Mengniu Dairy has formed, but its sustainability relies on volume support and event-driven factors, increasing the difficulty of operations. Right-side traders should strengthen dynamic position adjustments to control risks
