Morning Trend | Anjoy Food Approaches Resistance Zone, Volatility Risk Increases Under Overbought Signs

Anjoy Food (2648.HK) has recently rebounded continuously, approaching an important resistance zone. Technically, both KDJ and RSI are in a clearly overbought area, with high-risk signals flashing simultaneously. Main funds continue to flow in, and trading volume has shown a phase of expansion, establishing a clear short-term bullish trend. However, under the overbought backdrop, intraday volatility has intensified, with large orders appearing frequently, indicating an accelerated phase of turnover. On the performance front, the company benefits from the recovery in food consumption and declining raw material costs, resulting in quarterly performance exceeding expectations, attracting institutional capital inflow. Under pressure from high valuation ranges, some previously profitable positions may choose to cash out, making the market susceptible to short-term sharp declines. Future operations should focus on the alignment of trading volume and net fund flow; if volume continues to expand and prices break through previous highs, there is potential for movement to a higher platform. However, if capital divergence increases and volume shrinks, caution is needed for a pullback to the support zone. Short-term investors should closely monitor intraday fluctuations and the structure of trading volume, while medium to long-term investors are advised to hold based on the company's performance growth dynamics. Prevent risks of a phase top pullback and avoid heavy chasing on the rise