Morning Trend | CHINA EAST EDU is in a tug-of-war consolidation, which player will ignite the new opportunities in the vocational education sector?
China East Education showed a low-level oscillation throughout the day yesterday, with weak buying interest during the session. The overall sentiment in the vocational education sector is relatively sluggish, with new policy directions still unclear, leading to a wait-and-see approach from funds. Currently, the key support zone at HKD 6.78 is experiencing repeated fluctuations, and there are no short-term signals for an upward breakout. There are no significant breakthroughs in the fundamentals, the market lacks hot spots, and trading volume continues to decline, with fewer repositioning actions from right-side traders. In terms of news, many regions are promoting the expansion of vocational colleges, but there is a lack of favorable policies directly connecting with the capital market, and the momentum for valuation recovery has not yet formed a resonance, resulting in slow progress. Technically, the MACD remains weak, and short-term intraday trading momentum is limited. Once strong policy stimuli are implemented, the sector's volatility is expected to increase. In the short term, it is advisable to closely monitor relevant policy information and intraday fluctuations, appropriately control positions to guard against sudden emotional disturbances, and dynamically adjust risk exposure. In the absence of sudden stimuli, a defensive stance should be maintained, waiting for the main force to confirm signals before re-engaging
China East Education showed a low-level oscillation throughout the day yesterday, with weak buying pressure during the session. The overall sentiment in the vocational education sector is relatively sluggish, with new policy directions still unclear, leading to a wait-and-see approach from funds. Currently, the key support zone at HKD 6.78 is experiencing repeated fluctuations, and there are no short-term signals for an upward breakout.
There are no significant breakthroughs in the fundamentals, with a lack of hot topics in the market and a continuous decline in trading volume, resulting in fewer repositioning actions from right-side traders. In terms of news, many regions are promoting the expansion of vocational colleges, but there is a lack of favorable policies that directly connect with the capital market, and the momentum for valuation recovery has not yet formed a resonance, leading to slow progress. Technically, the MACD remains weak, and the short-term intraday trading momentum is limited.
Once strong policy stimuli are implemented, the sector's volatility is expected to increase. In the short term, it is advisable to closely monitor relevant policy information and intraday fluctuations, appropriately control positions to guard against sudden emotional disturbances, and dynamically adjust risk exposure. In the absence of sudden stimuli, the focus should be on a defensive stance, waiting for the main force to confirm signals before re-engaging
