
G-RESOURCES (1051.HK): Short-term volume rebound, the basis for a follow-up increase still needs to be solidified

G-RESOURCES (1051.HK) saw a rebound in the morning session yesterday alongside the rise in commodity prices, with the cyclical sector experiencing a capital replenishment. The company, relying on the price sensitivity of metal resources, showed multiple fluctuations and surges during the session, but high-level selling pressure also emerged, leading to repeated battles in densely traded areas. Technical indicators show that short-term funds prefer quick in-and-out strategies, and the MACD and RSI momentum have not yet formed a solid endorsement. Although funds are flowing in, the continuation of momentum is insufficient, and the catalysts for the sector lack sustainability, requiring observation of the performance in the closing session and whether funds can shift to the main upward trend. The strategy suggests monitoring changes in the international metal and commodity futures markets, controlling the rhythm of high-low switching, and avoiding the risks of pullbacks from chasing highs
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

