Morning Trend | NetSTREIT volume decreases and pulls back near support, is a rebound window coming?
NetSTREIT (NTST.US) has recently experienced increased volatility during intraday trading, with a notable volume decline yesterday, quietly approaching a key daily support level, prompting right-side dip-buying traders to get ready. The market shows clear signs of short-term capital repositioning, with community traders frequently calling out that "the rebound critical point could be triggered at any time." From a technical perspective, the MACD green bars have significantly narrowed, and the 5-day and 20-day moving averages are converging, indicating a weakening of bearish momentum. Industry news reveals a shift in institutional capital preferences, with recent inflows into some leading REITs, and the defensive asset attributes are beginning to gain new market recognition. The company's core property asset rental income remains stable, and rumors of new large orders being approved may serve as a catalyst to break the bearish defense line. There is a significant divergence in long and short sentiments, with the daily RSI stabilizing at a low level, and the chip structure slightly tilting towards the bulls. The volume-price characteristics are worth noting; in the past two days, the main force has not seen significant sell-offs, and multiple attempts to test the $20 support level have failed, indicating a growing desire for a rebound. If today can see increased volume and stabilize the intraday low, the main force's replenishment will ignite a primary counterattack; however, if there is an industry rotation and market capital withdrawal, it could easily trigger a second bottoming out. Overall, NTST is at a critical window for defensive counterattacks, and it is recommended to follow the right-side capital stabilization before entering, with a quick in-and-out strategy, closely observing the strength of the first wave of intraday recovery. The strategy should be flexible and agile to prevent a small rebound from inducing a fall
NetSTREIT (NTST.US) has recently experienced increased volatility during intraday trading, with a significant volume reduction and a quiet approach to key daily support levels yesterday, prompting right-side dip-buying traders to get ready. The market shows clear signs of short-term capital repositioning, with community traders frequently calling out that "the rebound critical point could be triggered at any time." From a technical perspective, the MACD green bars have noticeably narrowed, and the 5-day and 20-day moving averages are converging, indicating a weakening of bearish momentum.
Industry news reveals a shift in institutional capital preferences, with recent inflows into some leading REITs in the sector, as defensive asset attributes begin to gain new recognition in the market. The company's core property asset rental collections remain stable, and rumors of new large orders being approved could serve as a catalyst to break the bearish defense line. There is a significant divergence in bullish and bearish sentiment, with the daily RSI stabilizing at a low level and the chip structure slightly leaning towards the bulls.
The volume-price characteristics are worth noting; in the past two days, the main force has not seen significant sell-offs, and there have been multiple attempts to test the $20 support level without success, leading to a growing desire for a rebound. If today can see increased volume and stabilize at the intraday low, the main force's replenishment could ignite a primary counterattack trend; however, if there is an industry rotation and market capital withdrawal, it could easily trigger a second bottom test.
Overall, NTST is currently in a critical window for defensive counterattacks. It is recommended to follow the stabilizing funds on the right side for further entry, with a quick in-and-out strategy while closely observing the strength of the first wave of intraday recovery. The strategy should be flexible and agile to prevent a false breakout after a small rebound
