Morning Trend | G-RESOURCES (1051.HK) Strongly Rising, Can the Momentum of the Cycle Rebound Continue

G-RESOURCES (1051.HK) performed extremely strongly in the market yesterday, continuing to rise against the trend and leading the cyclical metal sector to strengthen. Since June, global non-ferrous metal prices have stabilized and rebounded multiple times, coupled with the high volatility of the US dollar index, cyclical assets have attracted incremental funds. The company's main business continues to benefit from the domestic inventory replenishment cycle, with inventory reduction and industry demand improvement driving the release of performance elasticity. Technically, the short- and medium-term moving averages are in a bullish arrangement, with a high degree of coordination between price and volume on the daily K-line, active main funds, and clear control intentions. Short-term indicators such as MACD and RSI remain strong. The overall atmosphere in the industry is heavily bullish, but the stage gains have shown significant accumulation, with profit-taking continuously raising the fluctuation range. On the operational level, attention should be paid to the direction of commodity prices and any macro policy fluctuations; when trading volume stagnates or commodity prices weaken, the willingness of main funds to cash out is likely to increase. Short-term speculation can focus on intraday turnover and industry news linkage, while medium- to long-term assessments still require caution. Overall, G-RESOURCES is expected to continue benefiting from the capital dividends brought by sector rotation and the inventory replenishment cycle