Morning Trend | AFFLUENT FDN short-term pullback, is the washout not finished or is the capital divergence widening?
AFFLUENT FDN (1757.HK) opened high today and surged before quickly retreating, with a sudden expansion of capital divergence. There are differing opinions in the community; some are optimistic that the consolidation has ended and a bullish trend will resume, while others are concerned that the main force is taking the opportunity to distribute shares, "Whether it's a crash or a washout will depend on tomorrow!" From a fundamental perspective, recent infrastructure policy catalysts have weakened, and overall industry capital is cautious. High-level profit-taking has led to a certain selling pressure in the short term. In terms of market details, during the pullback, low-level buying has begun to support, but the volume has not significantly increased, and there has not yet been a strong return of the main force. Operational advice: conservative traders should patiently wait for a daily candlestick with increased volume and a bullish reversal before considering participation, while aggressive short-term traders can test the waters within the important support range of 5.8-6 yuan. If subsequent volume follows and the main force shows clear support, AFFLUENT FDN may be able to break free from the adjustment and enter a second wave of market movement; otherwise, it is advisable to continue observing, as the risk of chasing high prices is significant. Short-term sentiment is switching between highs and lows, with huge divergences; tomorrow will be key to judging the true attitude of capital, so it is recommended to closely monitor market conditions and capital flow data
AFFLUENT FDN (1757.HK) opened high today and surged before quickly retreating, with a sudden expansion of capital divergence. There are differing opinions in the community; some are optimistic that the consolidation has ended and a bullish trend will resume, while others are concerned that the main force is taking the opportunity to distribute shares, "whether it’s a crash or a wash will depend on tomorrow!"
From a fundamental perspective, the recent infrastructure policy catalyst has weakened, and overall industry funding is cautious. High-level profit-taking has led to some selling pressure in the short term. In terms of market details, during the pullback, low-level buying has started to support, but the volume has not significantly increased, and there has not yet been a strong return of the main force.
For operational advice, conservative traders should patiently wait for a daily candlestick with increased volume and a bullish reversal before considering participation, while aggressive short-term traders can test the waters within the important support range of 5.8-6 HKD. If subsequent volume follows and the main force shows clear support, AFFLUENT may be expected to break free from the adjustment and enter a second wave of momentum; otherwise, it is advisable to continue observing, as the risk of chasing high prices is significant.
Short-term sentiment is switching between highs and lows, with huge divergence; tomorrow will be key in judging the true attitude of capital, so it is recommended to closely monitor market conditions and capital flow data
