Morning Trend | DATANG RENEW long-term support holds, short-term support and resistance battle imminent?

Datang Renewable (1798.HK) has recently maintained a long-term trend without breaking, with the stock price oscillating around the support zone. The MACD daily death cross pattern has not improved, and short-selling pressure continues, but there is intense tug-of-war between bulls and bears. The 5-day and 10-day moving averages are pressing down, and short-term rebounds are hindered. The support below relies on the HKD 5.00 level; if this line is breached today, the long-term structure may shift downward. However, if it holds steady and trading volume improves, it may trigger a short-term recovery. The atmosphere in the renewable energy sector is fluctuating, and there is significant divergence in the market's outlook for the future, with some funds choosing to wait and see. The main players have also not shown significant actions, and volume data reflects lackluster trading. The short-term strategy suggests paying attention to the defense of key support levels and the window for increased volatility. If the pressure at HKD 5.30 is broken, light positions may be considered; otherwise, it is recommended to focus on observation and defense. Overall, while Datang Renewable has not broken the long-term base, short-term fund attention is low, and the battle between support and pressure may suddenly erupt after volume is released. Investors are advised to remain highly sensitive and closely monitor the key interval's volume-price coordination