Morning Trend | SINOPEC SSC experiences intraday fluctuations, can the defensive style rotation in the sector continue?

SINOPEC SSC (1033.HK) has recently shown significant intraday fluctuations, with the stock price rising and forming a MACD daily golden cross, effectively supporting a short-term rebound. The oil service sector benefits from the high volatility of oil prices and the tense global energy supply-demand environment, with the industry's defensive attributes gradually becoming apparent. On the fundamental side, the expansion of overseas business and the gradual realization of large orders provide support for stable performance growth. Current external geopolitical factors and fluctuations in commodity prices have increased market attention on defensive sectors. From a technical perspective, the stock price has repeatedly tested the 5-day and 10-day moving averages before stabilizing, with a mild increase in volume, indicating clear intentions from major funds. If the sector continues to attract risk-averse capital inflows, oil service companies are expected to outperform in the short term. However, if oil prices fluctuate sharply or market styles switch rapidly, the sector's relative defensive attributes may be weakened. Continue to pay attention to the rhythm of sector rotation and changes in capital dynamics. If the market volume positively cooperates in the future, focus on tracking the performance of leading companies in the sector to seize trading opportunities. It is recommended that investors prioritize defense at this time and respond flexibly to the internal differentiation within the sector