Morning Trend | GeneDx surged and then fell back, with the main force testing the waters showing full divergence. Is it a trap for more buyers or a true breakthrough?

GeneDx (WGS.US) encountered resistance after a midday surge yesterday, with significant fluctuations in intraday trading, indicating clear testing behavior from the main players. After the previous hot funds realized profits at high levels, the current market style has turned cautious, with a noticeable decline in trading volume in the afternoon. The gene testing sector was stimulated by positive news, with signs of incremental buying appearing intermittently. Currently, there is intense competition around the $12.5 high point, and the right-side bulls have not yet fully launched their attack. If there is another increase in volume this week that drives the moving averages to converge upward, there is a chance for a short-term main upward wave to accelerate; conversely, if there is a rapid surge followed by a decline and a significant increase in turnover rate, be wary of the main players using the heat to lure in buyers and offload. It is recommended to closely monitor the inflow and outflow of main player funds and changes in trading volume to seize intraday reversal and pullback opportunities