Morning Trend | JIHONG CO shows unusual movement, can the weak rebound continue?

On January 9th, JIHONG CO (2603.HK) showed a calm performance in the morning, with a noticeable inflow of funds in the afternoon, pushing the stock price close to the resistance line of HKD 13.61. This triggered a partial warming of market sentiment, but overall, it maintained a weak yet elastic consolidation rhythm. Although the market experienced technical speculation due to fund movements, mainstream investors remained skeptical about sustainability, and the wait-and-see atmosphere did not improve significantly. From an industry perspective, the consumer and new economy sectors have recently been under pressure, with intense rotation of hot spots. JIHONG CO itself did not have any significant positive news, only benefiting from the sentiment driven by new cooperation orders from leading companies and major e-commerce platforms. Some funds attempted to speculate on a rebound from oversold conditions, viewing it as a sector substitute under the rotation of fund sentiment. The market generally believes that its short-term rebound is primarily driven by sentiment, lacking fundamental qualitative changes. From a technical standpoint, JIHONG CO's daily chart is near the lower Bollinger Band, with a brief rise in MACD, deepening the divergence between bulls and bears. The fund movements brought technical rebound momentum, but the trading volume failed to sustain effective expansion, facing high-level selling pressure at any moment. If the subsequent volume cannot cooperate, the risk of inducing bullish traps increases, making it easy to trigger profit-taking sell-offs that could lead to pullbacks, and the risk of retracement cannot be ignored. Investors continue to observe, and the main players are cautious. In summary, JIHONG CO has limited short-term speculative opportunities, and the rebound structure is weak. The market is focused on whether the volume and technical indicators will synchronize in expansion; if both resonate or show sustained movements, the short-term market may hope to break away from the weak rebound pattern. Otherwise, caution is needed regarding high-level pullbacks and the risk of a second bottoming