Morning Trend | NAGACORP in a Dilemma, Range Fluctuation or Brewing Direction Choice?

NAGACORP (3918.HK) maintained a range-bound oscillation on the 14th. Recently, there have been increasing rumors about new regulations in the Cambodian gaming sector. As a leading company in the region, it is highly sensitive to policy changes, which increases the uncertainty of market direction. Major funds have mostly adopted a wait-and-see attitude, with only small-scale speculative trades intermittently entering the market, while trend-following funds have yet to appear. The MACD remains sluggish, and trading volume continues to shrink, with the stock price lingering around the mid-axis of the range. At critical points of the range, local speculation is likely, but it is difficult to sustain. There are rumors regarding local regulatory movements, but the market is generally waiting for a true official signal. Theoretically, if negative news is reinforced, there is a risk of accelerated downward movement; however, if a favorable policy emerges during the policy vacuum period, the sector could easily experience a collective rebound. The key to operation is to control positions and wait until the policy is clarified or a significant volume breakthrough occurs, with short-term funds focusing on flexible entry and exit