Morning Trend | TIBET WATER (1115.HK) faced downward pressure on October 14, with increased short-term wait-and-see sentiment
Yesterday, TIBET WATER continued to fluctuate and decline in the late trading session, with a strong atmosphere of market observation. Weak rebounds were quickly suppressed by selling pressure at multiple high points. The market sentiment was dominated by short positions, and although trading volume increased, it was mostly due to active selling pressure, causing the stock price to repeatedly decline. The overall performance of the industry was lackluster, with no significant signs of recovery in beverage and consumer demand. Relevant companies had no new announcements or stimulating catalysts in the past week, and major funds remained cautious. The 5-day moving average has become a short-term resistance level, with noticeable selling pressure each time there is a rebound. The daily structure is bearish. Intraday, the volume of abnormal orders continued to increase, with occasional large orders probing downward, leading to a cooling of short-term speculative enthusiasm; the industry sector was already sluggish, and external liquidity was tightening, resulting in insufficient willingness among investors to chase prices. In addition, the overall risk-averse atmosphere in the consumer sector has risen recently, with TIBET WATER becoming a representative of the weak stock sector. From a stage perspective, if the market fails to hold the previous low, the short-term risk exposure will quickly expand. Right-side trading should focus on key support levels; if recovery signals remain unclear, the risks of volatility and late-session sell-offs still need to be monitored. In such an environment, a wait-and-see strategy is relatively prudent, with dynamic attention to changes in market sentiment and liquidity. Overall, in the absence of catalysts, the momentum for active buying is weak, and continuous monitoring of industry recovery signals is necessary
Yesterday, TIBET WATER continued to fluctuate and decline in the late trading session, with a strong atmosphere of market observation. Weak rebounds were quickly suppressed by selling pressure at multiple high points. The market sentiment was dominated by short positions, and although trading volume increased, it was mostly due to active selling pressure, causing the stock price to repeatedly decline. Overall, the industry's performance was lackluster, with no significant signs of recovery in beverage and consumer demand. Relevant companies had no new announcements or stimulating catalysts in the past week, and major funds remained cautious. The 5-day moving average has become a short-term resistance level, with significant selling pressure each time a rebound encounters resistance, leading to a bearish daily structure.
On the intraday chart, the number of unusual orders continued to increase, with occasional large orders probing lower, cooling short-term speculative enthusiasm; the industry sector was already sluggish, and external liquidity was tightening, leading to insufficient willingness among investors to chase prices. In addition, the overall risk-averse atmosphere in the consumer sector has risen recently, with TIBET WATER becoming a representative of the weak stock sector.
From a stage perspective, if the market loses the previous low, the short-term risk exposure will rapidly expand. Right-side trading should focus on key support levels; if recovery signals remain unclear, the risks of volatility and late-session volume-driven sell-offs should still be monitored. In such an environment, a wait-and-see strategy is relatively prudent, with dynamic attention to changes in market sentiment and liquidity. Overall, in the absence of catalysts, the momentum for active buying is weak, and continuous monitoring of industry recovery signals is necessary
