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Morning Trend | Midea at a critical point of fluctuation, is a volume breakdown coming?

Before the market close on January 14, the leading home appliance company MIDEA GROUP (300.HK) faced pressure throughout the day, with a weak market atmosphere. The trading volume increased, but the dominant forces were profit-taking and defensive capital rotation, with active buying clearly subdued. Currently, there have been no significant positive developments in the home appliance industry recently, leading to a decline in overall sector enthusiasm and a spread of wait-and-see sentiment. In the absence of catalysts, mainstream funds are hesitant to increase positions, and short-term speculative funds are more cautious. From a technical perspective, the MACD continues to show a bearish trend, with the 5-day and 10-day moving averages rapidly declining, suppressing the rebound pace. Indicators such as KDJ and RSI are weakening in unison, indicating low capital sentiment. The market is focused on the key support level of HKD 84.05, which was tested yesterday afternoon but did not break down on increased volume, maintaining a weak oscillation pattern for now. If there is another breakdown with increased volume during the session, it will trigger a short-term inertia decline and amplify risks. It is recommended to continuously monitor extreme sentiment changes in the market and the home appliance sector, as sudden policy shifts or capital inflow dynamics are worth being vigilant about. Overall, the judgment is that the short-term strategy should remain defensive, as breaking the support may lead to further downward space. Investors are advised to closely watch the market, avoid chasing highs, and dynamically adjust positions to guard against downside risks. If the industry shows signs of policy-driven momentum or major players replenishing positions, attention may be paid to the timing of potential rebound windows. Overall, there are currently no obvious signs of reversal

Technical Forecast·
Technical Forecast·

Morning Trend | CHERVON's main force locks in positions at high levels, market focuses on breakthrough trends amid differentiated market conditions

Chervon Holdings (2285.HK) has recently shown an increased willingness to lock in positions with main funds in the high price range, with multiple instances of large active buying during the trading session. The stock price has maintained a sideways fluctuation between the 30-day and 60-day moving averages, indicating a temporary subtle balance between bulls and bears. The technical indicator MACD is close to the zero axis, and the short-term direction still needs observation. In the context of a differentiated market, the attributes of leading stocks are highlighted, benefiting from sector rotation and market sentiment resonance. Main funds are clearly inclined to lock in positions at high levels, with increased short-term intraday fluctuations, indicating intensified capital divergence. If subsequent trading volume and active buying significantly increase, a new rising channel is expected to emerge. Otherwise, short-term trading will still be dominated by consolidation. In terms of operational strategy, it is recommended that investors closely monitor the intraday volume-price coordination and capital movements, dynamically control positions in high price ranges, and be cautious of sudden large pullbacks. Medium to long-term investors can use the company's fundamentals and industry prosperity as important decision-making bases, gradually building positions or buying on dips during corrections

Technical Forecast·
Technical Forecast·
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Recently watching $BYD ELECTRONIC(00285.HK) and $LK TECH(00558.HK) this trend, intraday fluctuations, the "death cross" made me want to sell, but then it rose a tiny bit.

On the other hand, $FIT HON TE.........

$AUX ELECTRIC(02580.HK) This is cost-effective.