Morning Trend | CMSC Approaches Low Point, Will Right-Side Opportunities Emerge?
CMS (6099.HK) has recently seen its stock price repeatedly decline, gradually approaching a temporary low point, with early trading still under pressure as the market focuses on the timing of right-side trading configurations. The daily MACD death cross pattern remains, and the momentum histogram has not shown substantial shortening, indicating a clear bearish dominance. Reviewing the market, the stock price has quickly slid below HKD 25.00, with most funds fleeing and short-term buying support being weak. Negative factors have compounded to drag down the sentiment in the brokerage sector, and the main players have not yet shown signs of bottom-fishing. The support area at HKD 22.50-23.00 has become a short-term defense line; if it holds today and shows a mild rebound, right-side opportunities may begin to emerge. The pressure level is concentrated around HKD 24.50; if trading volume does not continue to expand, the market will likely remain volatile without clear breakout signals. In terms of trading strategy, investors are advised to focus on key support levels and intraday volume anomalies. If HKD 22.50 is breached, timely stop-loss measures are necessary to avoid further declines; if there is short-term stabilization with increased fund inflow, small positions can be taken to test right-side opportunities, but avoid blindly increasing positions. There are no significant positive stimuli at the macro or industry level, and the overall market atmosphere also drags down the brokerage sector, so a conservative approach should be maintained in the short term, with strict control over capital exposure. Overall, CMS is approaching a low point; although right-side opportunities are gradually developing, clear signals have not yet materialized. Investors are advised to continuously monitor key technical support levels and volume changes, maintaining a rational wait-and-see approach
China Merchants Securities (6099.HK) has recently seen its stock price repeatedly decline, gradually approaching a temporary low point, with early trading still under pressure as the market focuses on the timing of right-side trading configurations. The daily MACD death cross pattern remains, and the momentum histogram has not shown substantial shortening, indicating a clear dominance of bearish sentiment. Reviewing the market, the stock price has quickly slid below HKD 25.00, with most funds fleeing and weak short-term buying support. Negative factors have compounded to drag down the sentiment in the brokerage sector, with major players not yet showing signs of bottom-fishing. The support area at HKD 22.50-23.00 has become a short-term defense line; if it holds today and shows a mild rebound, right-side opportunities may begin to emerge. The resistance level is concentrated around HKD 24.50; if trading volume does not continue to expand, the market will likely remain volatile without clear breakout signals. In terms of trading strategy, investors are advised to focus on key support levels and intraday volume anomalies. If HKD 22.50 is breached, timely stop-loss measures should be taken to avoid further declines; if there is short-term stabilization and increased fund inflow, small positions can be tested for right-side opportunities, but blind scaling up should be avoided. There are no significant positive stimuli at the macro or industry level, and the overall market atmosphere is also dragging down the brokerage sector, so a conservative approach should prevail in the short term, with strict control over capital exposure. Overall, China Merchants Securities is approaching a low point; although right-side opportunities are gradually developing, clear signals have not yet materialized. Investors are advised to continuously monitor key technical support levels and volume changes, maintaining a rational wait-and-see approach
