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BISANDS@EP2606A
18158.HK
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Las Vegas Sands forms a death cross with reduced volume, can the consumer leader rebound from a low position?

Las Vegas Sands (LVS.US) continues to attract attention with its ongoing low-volume death cross pattern, and the stock price is hovering at low levels without signs of a volume-driven rebound. Some community funds are inclined to place hopes on a "counterattack," while short-term bulls remain cautiously observant, waiting for potential volume-driven actions that could trigger a reversal. In the past two days, the market has shown relatively flat intraday fluctuations, with major funds continuously observing, but there are also funds speculating on opportunities for a rebound from oversold conditions. The fundamentals lack new positive news in the short term, and the tourism/consumption sector is generally in a consolidation phase, with a divergence between bulls and bears. If unexpected positive news or a collective inflow of funds into the sector occurs during trading, a phase of counterattack volatility cannot be ruled out. Traders are advised to pay attention to the flow of funds during trading; if there is a sudden surge in volume and strong upward movement from major players, short-term opportunities may be considered; otherwise, it is advisable to patiently maintain a wait-and-see position and wait for right-side signals before making decisions. It is essential to remember that under a low-volume death cross, counterattacks often only leave opportunities for the quickest players, and being a step slow can easily lead to being trapped in new lows

Technical Forecast·
Technical Forecast·

Morning Trend | SANDS CHINA approaches bottom support, will the weak market face divergence?

SANDS CHINA LTD (1928.HK) has recently seen a continuous decline in its stock price, with a clear death cross signal appearing on the technical front, indicating an overall bearish short-term trend. On the daily chart, the MACD indicator has turned negative, with the dual lines crossing below, and trading volume has also shrunk, reflecting a loss of confidence among bulls. From the candlestick perspective, the stock price is gradually approaching the support level of the phase bottom, with the 5-day and 10-day moving averages exerting pressure, and the current stock price is hovering in a technically weak range. On the fundamental side, while the Macau gaming industry has shown some improvement during the recovery period, factors such as weak overall consumer recovery, changes in policies, and fluctuations in the RMB exchange rate have dampened short-term capital participation willingness, making major institutions relatively cautious. Recently, there have been no significant positive news, and even rumors about adjustments to Macau's gaming tax rates have continued to ferment, exacerbating market concerns. In terms of sector correlation, large-cap gaming stocks have recently performed flat overall, with capital rotation mainly concentrated in the technology and new consumption sectors, and SANDS CHINA LTD's intraday fluctuations have been limited. Historically, whenever this stock approaches the support near the bottom line, it often experiences divergent consolidation, and investor sentiment is at a critical point in the short term, making it susceptible to a new round of declines with any negative news. For the operational strategy, it is recommended to focus on the phase bottom support (such as several important low point areas formed since 2023). If it breaks below, decisive stop-loss measures should be taken; conversely, if a volume rebound occurs, there may be short-term opportunities for a technical recovery

Technical Forecast·
Technical Forecast·
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