
Morning Trend | EVERG SERVICES fluctuates at a low level, is it an opportunity for a rebound from overselling or a short-lived bounce?

Evergrande Property (6666.HK) has recently shown a low-level sideways oscillation pattern, with the market focusing on opportunities for rebound amid overselling. The daily MACD has just crossed bullish, and the short-term moving averages are slowly flattening, indicating initial signs of a bottom rebound. In terms of trading volume, although the net inflow from the main force has not significantly increased, there has been marginal improvement. The company's fundamentals are still influenced by the real estate main business, but extreme pessimism is gradually easing, with some bottom-fishing funds entering in anticipation of favorable policies and breakthroughs in asset restructuring. If there is a short-term increase in volume, it is expected to initiate a corrective rebound; if the volume cannot be sustained, it may fall into a bottom oscillation and stagnation. It is necessary to closely monitor public information and pay attention to policy and company operational progress. Overselling funds should strictly set stop-loss limits, control positions, and be wary of the risk of a second bottom after the rebound ends
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