
Morning Trend | WEALTH GLORY (8269.HK) Weak Tug-of-War, Sector Sentiment Low

On December 23rd, WEALTH GLORY (8269.HK) continued its low-level oscillation pattern. Recently, the news front has been quiet, the activity in the small and mid-cap sectors has decreased, and there are clear signs of capital outflow with insufficient enthusiasm for on-site financing. Observing the market, the price-volume structure reflects a coexistence of unilateral decline and weak bottoming at low levels, dominated by selling pressure. Technically, there are no signs of stabilization, and the short-term tug-of-war between bulls and bears continues, with a lack of momentum for active chasing of highs. The short-term risk in the sector is relatively high, and with the market's interest cooling down, the motivation for chasing up is limited. Operational advice is to continue with a defensive and wait-and-see approach, keeping positions light, and to wait for substantial industry good news or significant intraday order movements before considering follow-up actions. Strategies for bottom-fishing or quick in-and-out trades should be supplementary, mainly to guard against further systemic risks in a weak market environment. In the future, it is essential to closely monitor market news and the movements of large orders. If thematic catalysts can quickly heat up the themes, a technical rebound may be expected; otherwise, the weak tug-of-war and low market sentiment may continue
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