
Morning Trend | YIK WO INTL continues to decline at a low level, is the short-term downward trend about to change?

YIK WO INTL (8659.HK) continued to close with consecutive declines in yesterday's trading session, facing repeated pressure at low levels, with no significant capital intervention throughout the day. The short-term bearish sentiment dominated the market performance. The high-level pullback in the external market further weakened the investment preference for small-cap stocks, leading to a noticeable decline in the overall sector's activity, with a continuous lack of buying confidence. The company has not announced any substantial new developments or positive news, making it difficult to stimulate new speculation reasons, and there is insufficient capital flow between sectors. From a technical perspective, the MACD indicator shows a clear downward divergence, and the short-term bulls have lost the 20-day moving average, with low trading volume highlighting a cautious stance from investors. Market discussions have shifted to whether effective support can be obtained at the previous wave's low points, but currently, there is still a lack of volume resonance rebound signals. If the downward trend expands during the session, there may be an accelerated decline in certain areas, and investors need to be wary of risk spreading. In terms of operations, it is recommended to temporarily avoid high-low switching and closely monitor changes in volume and intraday fluctuations
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