Morning Trend | KWG LIVING squeezes in a range-bound fluctuation, with potential probing actions from funds during the session?
KWG LIVING (3913.HK) has recently seen its stock price fluctuate narrowly between HKD 0.23 and HKD 0.25, with overall participation being relatively low. The property service sector is experiencing tight liquidity, with funds in the sector mostly adopting a wait-and-see stance, and there is a heated discussion in the community about risk defense. From a K-line technical perspective, the Bollinger Bands are extremely contracted, showing almost no upward momentum. The MACD death cross remains unchanged, with several short- and medium-term moving averages trending downward, and the volume-price contraction has not triggered a rebound. Although funds have tested the lower support multiple times during trading, there has been no actual breakthrough action, lacking the initiative for a breakout. There are currently no new developments at the industry level, and year-end settlement and operational pressures for property companies are significant, with leading companies also lacking strong catalysts. Currently, the market is primarily driven by policies or sudden news; if there are changes in policy or a shift in market hotspots, it may activate local buying. In the short term, it is recommended to adopt a wait-and-see approach, only for quick traders to test small positions to capture anomalies
KWG LIVING (3913.HK) has recently seen its stock price fluctuate narrowly between HKD 0.23 and HKD 0.25, with overall participation being relatively low. The property service sector is experiencing tight liquidity, with funds in the sector mostly adopting a wait-and-see stance, and there is a heated discussion in the community about risk defense.
From a K-line technical perspective, the Bollinger Bands are extremely converged, showing almost no upward momentum. The MACD death cross remains unchanged, with several short- and medium-term moving averages trending downward, and the shrinking volume and price have failed to trigger a rebound. Although funds have tested the lower support multiple times during the trading session, there has been no actual breakthrough action, lacking the initiative for a breakout.
There are currently no new developments at the industry level, and property companies are facing significant settlement and operational pressures as the year-end approaches, with leading companies also lacking strong catalysts. The market is currently dominated by policies or sudden news; if there are changes in policy or a shift in market hotspots, it may activate local buying. In the short term, it is recommended to adopt a wait-and-see approach, only for quick traders to test small positions to capture anomalies
