--- title: "Morning Trend | COWELL's trading volume shrinks, is the bottom chip about to change?" description: "On December 17th, COWELL (1415.HK) saw a day of reduced trading volume and bottoming out, with short-term holders adopting a wait-and-see approach. Technical indicators continued to weaken, with the m" type: "news" locale: "en" url: "https://longbridge.com/en/news/269980687.md" published_at: "2025-12-18T01:00:00.000Z" --- # Morning Trend | COWELL's trading volume shrinks, is the bottom chip about to change? > On December 17th, COWELL (1415.HK) saw a day of reduced trading volume and bottoming out, with short-term holders adopting a wait-and-see approach. Technical indicators continued to weaken, with the mainstream moving averages trending downward, and the MACD death cross remaining uncorrected, reflecting a strong defensive sentiment in the market. The price range's center of gravity has been consistently shifting downward, with previous lows becoming key observation points for this round of market activity. The news front is quiet, and the consumer electronics industry has recently lacked performance and order stimulation. Although there were reports of major manufacturers collaborating with factories in Vietnam this week, it failed to activate market sentiment, with large orders being scattered and exhibiting significant volatility. There was no strong intervention from major players throughout the day, and the wait-and-see attitude among market participants was more pronounced than before. Currently, the ability to absorb chips at low levels has become a focal point for the market. If there is a sudden increase in volume or large orders flowing in during the session, it could lead to a short-term structural rebound, but until the trading volume is activated, the focus will remain on bottoming out and oscillating. The risk lies in large orders flowing out during the session or sudden negative news from the industry, so investors need to closely monitor changes in capital flow and chip structure, and right-side participation should wait for clear signal confirmation. The overall strategy suggests maintaining a defensive stance and high vigilance On December 17th, COWELL (1415.HK) saw a day of reduced trading volume and consolidation, with short-term holders adopting a wait-and-see approach. Technical indicators continue to weaken, mainstream moving averages are trending downward, and the MACD death cross has not been repaired, indicating strong market defensive sentiment. The price range's center of gravity is continuously shifting downward, with previous lows becoming key observation points for this round of market activity. The news front is quiet, and the consumer electronics industry has recently lacked performance and order stimulation. Although there were reports this week of major manufacturers collaborating with factories in Vietnam, it failed to activate market sentiment, with large orders being scattered and exhibiting significant volatility. There was no strong intervention from major players throughout the day, and market participants are more cautious than ever. Currently, the ability to absorb chips at low levels has become a focal point for the market. If there is a sudden increase in volume or large orders flowing in during the session, it may lead to a short-term structural rebound, but until volume is activated, the focus will remain on consolidation and fluctuations. The risk lies in large orders flowing out during the session or unexpected negative news from the industry, so investors need to closely monitor changes in capital flow and chip structure, and right-side participation should wait for clear signal confirmation. The overall strategy suggests maintaining a defensive stance and high vigilance ### Related Stocks - [01415.HK - COWELL](https://longbridge.com/en/quote/01415.HK.md) ## Related News & Research | Title | Description | URL | |-------|-------------|-----| | Stock Of The Day: False Breakout In Nvidia? | Nvidia (NVDA) shares are experiencing a potential false breakout, suggesting a bearish trend ahead. 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