
Morning Trend | JOYSON ELEC Approaches Support Level, Will Short-term Funds Flow Back?

On November 7th, at the close, JOYSON ELEC experienced a significant downward trend during trading, showing a daily MACD death cross and the 5-day and 10-day moving averages turning down, indicating clear pressure signals from a technical perspective. In recent trading days, the stock price has continuously shifted downward, forming a sustained downward pressure that has garnered widespread market attention. Short-term bearish sentiment is intensifying, and the overall trading rhythm is dominated by a wait-and-see atmosphere. Recently, the significant news of JOYSON ELEC being questioned by regulators has also exacerbated market divergence, with many institutions closely monitoring whether the inquiry content will affect the company's operations, further suppressing short-term capital inflow. Meanwhile, the overall performance of the electric vehicle sector is weakening, with leading stocks unable to drive the overall atmosphere, resulting in noticeable capital outflow and strong wait-and-see sentiment. From the intraday data, although there is a small amount of capital attempting to make tentative replenishments, the overall trading volume remains low. On the technical side, previous lows and the 20-day moving average have become key short-term support levels. If there are no substantial positive stimuli during trading, the weak pattern is unlikely to be reversed, and there is further downward pressure. Marginal changes in capital and policy levels are still worth continuous tracking. News-driven and intraday fluctuations may temporarily stir market activity, but the overall risk exposure is relatively high. Participants need to remain vigilant and adopt more cautious strategies, seeking phased opportunities while defending. Looking ahead, the market maintains a cautious attitude towards whether JOYSON ELEC can stabilize and rebound in the short term, with the key being whether there are marginal promoting signals from policies or the industry, and whether capital can follow with increased volume
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