Morning Trend | CHINAHONGQIAO shows increased volume and warming up, is it about to break through the previous high pressure?
CHINAHONGQIAO (1378.HK) has recently shown strong performance in the market, with significant signs of increased trading volume observed yesterday, as buying pressure surged, pushing the stock price up and briefly reclaiming key technical support levels. The main driving forces behind this are the strengthening expectations of carbon neutrality policies and the upward fluctuations in international aluminum prices, creating a favorable overall atmosphere for non-ferrous metals, which supports CHINAHONGQIAO. On the fundamental side, recent disclosures of institutional increases and broker upgrades have brought significant incremental capital, stimulating bullish momentum in market sentiment. From the perspective of actual capital flow, there has been continuous net inflow from the main players over the past two trading days, indicating a sense of urgency in buying. The MACD golden cross has begun to appear, and daily indicators are strengthening in unison, leading the market to focus on the potential breakthrough of previous high positions. Technically, if the stock price can effectively break through previous highs, a new phase of active trading may be expected in the future, and short-term capital is likely to increase accordingly. However, close attention should be paid to the accompanying trading volume; if the volume fails to sustain its increase in the near term, passive surges may trigger a pullback from high levels. At this time, monitoring capital distribution, marginal policy changes, and sector heat is essential. In the short term, if unexpected news or unusual movements from main players occur, market fluctuations may be more intense than before, reminding investors to strengthen risk exposure management and not to blindly chase after price increases. Overall, CHINAHONGQIAO faces a breakthrough window under pressure from previous highs, with a dominant bullish atmosphere, but sustainability and alignment with policy capital are key, making it suitable for flexible response strategies
Technical Forecast·
