Morning Trend | CONCH VENTURE Technical Oversold, Is a Short-Term Rebound Window Approaching?

Conch Venture (586.HK) has recently shown obvious overselling in daily technical indicators, with a continuous MACD death cross structure, indicating a weak short-term trend. After a sustained decline in stock prices, it has stabilized near an important support level, accumulating demand for a rebound. The inflow of main funds is not significant, and the market is primarily engaged in stock game. Recently, the stock price has been fluctuating at a low level, but there have been occasional passive surges during intraday trading, indicating a tentative willingness of bottom funds to build positions. If it maintains support today and is accompanied by increased trading volume, there may be a short-term opportunity for a rebound from overselling. However, if there is no increase in trading volume, the market may continue to remain sluggish and volatile. It is recommended that investors maintain a light position, pay attention to subsequent signals of volume recovery, and cautiously speculate on the opportunity for a rebound from overselling. If it breaks through the support line, decisive stop-loss and wait-and-see actions should be taken. In the medium to short term, it is necessary to dynamically track fund movements and industry news, maintaining a high level of vigilance against potential risks