
Morning Trend | YOURAN DAIRY experiences low-volume fluctuations, is capital ready to enter the sector as it warms up?

YOURAN DAIRY (9858.HK) became the focus of the dairy sector again on November 28th. Recently, as the overall atmosphere in the dairy industry stabilized and improved, there has been frequent competition between long and short positions during trading, with buying pressure slightly dominating towards the end of the session, leading to a gradual rise in market bullish sentiment. On the news front, raw material prices have stabilized recently, alleviating cost pressures in the industry. According to high-frequency data, the terminal prices of dairy products have remained stable with a slight increase over the past two weeks, which has become the basis for most institutions and major funds to be optimistic about the gradual improvement of the industry's fundamentals. Some mainstream funds have begun to return to YOURAN DAIRY, with a continued increase in the willingness to buy at lower prices. From the market structure perspective, YOURAN DAIRY has shown signs of a moderate increase in short-term trading volume, indicating that funds are beginning to test a new round of upward momentum. The MACD indicator is gradually releasing bullish signals, with the 5-day and 10-day moving averages showing upward trends, and the willingness to support the stock has become more evident. With continuous funding support, YOURAN DAIRY's stock price is steadily operating above the 10-day moving average, and it is expected to challenge the resistance level of the 20-day moving average in the short term. It is important to be cautious, as if the overall trading volume cannot keep up, the stock price may encounter resistance at high levels or if there are no substantial new positive developments on the industrial side, the technical aspect may face the risk of a pullback and fluctuation. The sustained warming of the sector's atmosphere still requires verification of trading volume, and right-side traders need to closely monitor marginal changes in funds and signals of market rotation. If an effective breakout with increased volume cannot be formed, the risk of chasing high prices will significantly increase, making position management and defensive strategies for increasing or decreasing positions particularly important
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

