Morning Trend | J&T EXPRESS-W frequently surges, and the main force's unusual movements are worth observing

On January 6th, J&T EXPRESS-W (1519.HK) saw a surge in popularity during the morning session. Recent order data from the express logistics industry has continuously released positive signals, drawing attention from multiple financial media regarding the company's delivery capabilities. Coupled with the year-end consumption peak and the e-commerce shipping surge, this further solidifies the fundamental expectations. Active buying entered the market during the session, with the stock price approaching technical resistance levels, becoming a market focal point. The mainstream view holds that the explosive orders during the peak season in the express delivery industry are a significant factor driving the sector's performance, with major funds in the industry following suit, creating a demonstration effect for the sector. Consumption remains active post-holiday, and institutions are optimistic about the industry's growth rate for the year. However, at the same time, the high turnover rate at elevated levels has increased short-term capital divergence, with significant intraday fluctuations. Technical indicators show signs of pressure after a sustained rise; if trading volume does not continue, the stock may easily experience a pullback. Recent analyses suggest that changes in industry policies and macro data could quickly lead to shifts in sector sentiment. The current market continues to focus on intraday trading volume expansion and unusual movements, and investor sentiment should remain rational, paying attention to the increasing volatility risk in the short term. From a technical perspective, short-term indicators like MACD and RSI are gradually approaching the overbought zone. If subsequent volume supports this, there may still be momentum to challenge previous highs, but caution is advised when chasing prices, and one should be wary of internal rotation and pullback risks within the sector. In the long term, the growth logic of the industry remains unchanged, and J&T EXPRESS still holds fundamental advantages, but high volatility is expected to become the norm. It is recommended that investors moderately position in core targets, strictly control their positions, avoid excessive chasing of highs, and combine short-term fluctuations with liquidity judgments for timely profit-taking and stop-loss actions