Morning Trend | Maanshan Iron and Steel breaks out and rises, will there be a battle for high-level chips?

MaanShan Iron & Steel Company (323.HK) has recently shown outstanding performance in the market, with its stock price breaking through the consolidation platform and exhibiting strong upward momentum, indicating a clear tilt of capital towards the stock. The daily MACD has formed a golden cross, and the K-line has large real bodies with consecutive bullish closes, showing a concentrated outbreak of short-term bullish momentum. The fundamentals of the steel market are improving overall due to macro policy support and adjustments in the inventory cycle of the industrial chain, leading to a price recovery and enhanced profitability in the industry. As a leading player in its segment, the company benefits from industry recovery and structural adjustments, with downstream demand replenishment improving profitability. From the perspective of chip distribution, the previous high-density chip area combined with new capital entering the market makes it easy to form a phase of speculative trading, intensifying competition at high levels; if it can break through the concentrated area of main chips with volume, it will drive a second wave of upward momentum. In terms of risks, after a rapid rise, if the overall market experiences a pullback or sector rotation cools down, it may trigger a short-term adjustment. Current support levels to focus on are the 5-day and 10-day moving averages and the previous breakout area; if it pulls back without breaking these levels, the market outlook remains bullish. In terms of strategy, aggressive investors may pay attention to the intraday volume-price coordination and unusual movements of main funds, and appropriately engage in high selling and low buying to respond to differentiation. Overall, Maanshan Iron & Steel has a clear short-term bullish advantage, and the chip game may lead to increased volatility, so attention should be paid to fast-paced operations and risk prevention