Morning Trend | Levi aggressively attacks resistance level, is the year-end elastic market coming?
Levi Strauss (LEVI.US) continued to rise strongly yesterday, breaking through short-term resistance multiple times during the session, with many end-consumer funds following suit. The holiday consumption theme has created a disparity in expectations, with significant inflows from the main players and extremely active short-term technical momentum, making it a prime opportunity for year-end market trends. There were no major news drivers for the sector; the market essentially relies on fund rotation and short-term sentiment. The discussion in the community surged in the morning, with many funds having positioned themselves in advance over the past few days, optimistic about the explosive growth of apparel consumption during the year-end season, planning to capitalize on short-term rotation dividends.
However, the risk points are also prominent: high-level technical overbought signals have been continuously triggered, with the RSI nearing historical highs, and the turnover rate has significantly increased during the session, meaning that short-term speculative funds may cash out at any moment. If holiday sales data falls short of expectations or if the market atmosphere changes, the pressure for a high-level pullback will increase sharply, making it easy for short-term buyers to get trapped.
Overall, the current sentiment for Levi is high, with significant market elasticity but also maximum risk leverage. It is advisable to closely monitor short-term main player movements and maintain vigilance in controlling positions. If the market generates high-level volume again, FOMO funds will accelerate their entry. There is room for chasing highs, but one must guard against pullbacks; the key is to sell high and buy low
Technical Forecast·
