Morning Trend | Datang Power bulls gather again, can they break through in one go?

DATANG POWER (##991.HK##) has recently shown a relatively strong performance, with bullish forces regrouping, leading to a noticeable rise in stock prices. From the daily chart, the MACD indicator's golden cross further confirms the active short-term bullish trend in the market. Fundamentally, DATANG POWER benefits from the easing of energy policies and the steady increase in electricity demand, providing favorable external conditions for its sustained growth. The overall strength of the electricity industry has attracted continuous market attention to DATANG POWER as an important component stock, with trading volume steadily increasing to improve price performance. Technically, the stock price has broken through various important moving average resistances, signaling the continuation of the bullish market. However, the previous fluctuation range has not been completely broken away, and caution is needed regarding the potential profit-taking risks that may arise from high-level fluctuations. Investors should pay attention to policy trends and capacity layouts within the sector to assess the possible future direction of stock prices. In terms of operations, this is currently a good time to position for bullish trades, but investors should also manage risks, especially since the stock price has risen significantly. If funds do not follow up in a timely manner, long-term investors who have made substantial profits may tend to take profits, leading to short-term volatility. Therefore, it is recommended to gradually increase positions during the continuation of the rise while observing the transition between bulls and bears, and to set profit-taking points to secure gains