Morning Trend | NAGACORP sees weak volume and price decline, is a bottom movement coming?

On December 17th, NAGACORP (3918.HK) continued to show weakness, with its stock price fluctuating narrowly at low levels and trading volume continuously shrinking, as funds broadly remained on the sidelines. Both the MACD and KDJ indicators weakened, and key price levels have been difficult to recover. The overall market atmosphere is defensive, with very low willingness for major inflows. In terms of sectors, the entertainment and hotel industry has lacked new orders and policy catalysts over the past week, and liquidity pressure remains. The latest industry research report has downgraded its outlook, with funds continuing to withdraw, placing the sector in a deleveraging phase. Signs of major players accumulating positions are rare, and the market is sensitive in the short term, with any slight negative news triggering follow-on declines. Currently, attention should be paid to unusual movements by major players or industry stimulus news, with trading volume becoming a core observation indicator. Before activation, the strategy should primarily be to wait and see, as there is a high risk of further declines and panic selling at the bottom. Speculative funds are entering and exiting quickly, and caution is needed regarding large outflows and continuous volume declines during the day. Only a recovery in rhythm and a switch in themes may lead to a new market trend, and investment decisions must closely follow industry changes and market signals