Morning Trend | QHD PORT approaches resistance, will it break through with increased volume or is it a pullback window?

QHD PORT (3369.HK) saw a MACD daily golden cross yesterday, indicating an increased bullish sentiment in the current phase. Recently, the stock price has rebounded in the short term, consistently staying above the 5-day and 10-day moving averages, but has shown significant pressure near the 20-day moving average, with fluctuations in main capital indicating emerging divergences. From an industry perspective, QHD PORT benefits from improved elasticity in coal transportation prices, coupled with a rebound in the raw material cycle, leading to a resurgence in capital attention for port transportation-related companies. The short-term fundamentals have moderately improved, creating a foundation for capital inflow. Market trading data analysis shows that short-term intraday trading volume has significantly increased, suggesting that main capital is preparing to break through the upper pressure zone. Observing the market structure, the 5-day line serves as a key support; if it can sustain increased volume and break through the 20-day line, it is expected to target higher levels with continued main capital inflow. However, if there is a surge in volume without price increase or a stagnation pattern, caution is warranted as the main capital may take advantage of high positions to cash out, leading to potential short-term capital withdrawal. The operational strategy suggests closely monitoring significant large order movements and synchronized spikes in intraday volume and price; if the support at the 5-day line can be maintained, moderate follow-up may be appropriate. Conversely, if it fails to stabilize at the pressure zone or if volume declines, timely reduction of positions should be considered to avoid the risk of capital withdrawal. Overall, QHD PORT is currently in a phase of intense offensive and defensive action, with the golden cross signal boosting bullish enthusiasm, but market divergences and capital movements still require attention. The critical battle at the key pressure level has begun, and intraday fluctuations and volume data are core indicators for assessing the next phase of trends

From the industry environment perspective, QHD PORT benefits from the improvement in coal transportation price elasticity, coupled with the rebound in the raw material cycle, leading to a resurgence in capital attention towards port transportation-related companies. The short-term fundamentals have moderately improved, creating a foundation for capital inflow. Market trading data analysis shows that short-term intraday trading volume has significantly increased, indicating that main funds are preparing to break through the upper pressure zone.

Observing the market structure, the 5-day moving average serves as a key support level. If it can continue to expand in volume and break through the 20-day moving average, it is expected to target higher levels with sustained inflow from main funds. Conversely, if there is a surge in volume without price increase or a stagnation pattern, caution is warranted as main funds may take the opportunity to cash out at high levels, leading to potential short-term profit-taking.

The operational strategy suggests closely monitoring significant movements in large orders and synchronized spikes in intraday volume and price. If the support at the 5-day moving average can be maintained, moderate follow-up may be considered. Conversely, if it fails to stabilize in the pressure zone or if volume declines, timely reduction of positions should be executed to avoid profit-taking risks.

Overall, QHD PORT is currently engaged in a phase of offensive and defensive maneuvers, with the golden cross signal boosting bullish enthusiasm. However, market divergences and capital movements still require attention, as the critical pressure point battle has commenced, with intraday fluctuations and volume data being core indicators for assessing the next phase of trends