Morning Trend | FORTUNE REIT's volatility narrows, will the low-level capital offensive and defensive situation soon be revealed?
FORTUNE REIT (778.HK) is currently experiencing narrowed price fluctuations, with a daily MACD death cross and a significant reduction in trading volume, indicating that the main players are withdrawing and holders are on the sidelines. The stock price is moving within a narrow range at a low level, and the battle for funds is nearing a conclusion. On the fundamental side, the company's asset structure is solid, but growth bottlenecks are prominent, and the industry lacks clear catalysts, leading to stable performance expectations. Investor enthusiasm for the real estate trust sector is generally low.
From a technical perspective, the current key support has not been broken. If there is a volume-driven upward attack, there may be short-term recovery opportunities, but it requires a corresponding increase in volume. If the support is breached, the downside potential will reopen.
In terms of operations, it is essential to closely monitor changes in volume and price as well as sector news. A rebound signal at low levels needs to be accompanied by trading volume; otherwise, it will be difficult to form a trend. In summary, FORTUNE REIT is experiencing narrowed short-term fluctuations, and the bottom battle pattern has formed, awaiting confirmation of the direction of the volume and price breakout
Technical Forecast·
