Morning Trend | Lenovo Group is in a range consolidation, is a breakout signal coming?

Lenovo Group (992.HK) has maintained a range-bound consolidation pattern in recent trading days, with limited fluctuations in highs and lows throughout yesterday, indicating intense tug-of-war between bulls and bears, and the market has entered a wait-and-see state. Recently, Lenovo has focused on the launch of its next-generation AI PC products, with several major annual products being rolled out, stimulating market expectations for significant revenue increases for the company, and the AI computing power theme sector has received ongoing attention. However, the actual market performance has been relatively cautious, with no clear breakout signals appearing. Some institutions believe that the core factors affecting Lenovo's current performance are the realization of performance data and the layout of new businesses, with market sentiment being cautious, and some investors reluctant to sell, resulting in low trading volume. Fortunately, the technical support from the 20-day moving average has strengthened, with the stock price showing resilience by repeatedly testing without breaking below, but the release of trading volume is the key condition for driving a new round of breakthroughs. The external market has seen repeated fluctuations in the U.S. technology sector recently, with the Nasdaq index showing short-term divergence, affecting the sentiment in both A-shares and Hong Kong stocks. The right-side trading community generally focuses on whether there are unusual movements from the main players and whether there are news-driven spikes in intraday volume. If large buy orders and rapid intraday increases can be observed, a short-term main upward wave may begin. The risk point is that if U.S. stocks suddenly weaken significantly, the risk of a correction in the AI sector may rise, putting pressure on Lenovo. Overall, Lenovo's platform has been consolidating for a long time, and a directional choice may emerge at any time. Investors are advised to pay close attention to changes in intraday trading volume and major event news nodes