Morning Trend | Extra Space Storage shows unusual volume, is a breakthrough point coming?

Extra Space Storage (EXR.US) has experienced continuous intraday fluctuations over the past three trading days, with funds repeatedly changing hands at low levels, making "breaking the critical point" a hot topic in the community. Yesterday, it closed with a bullish candlestick, and trading volume significantly increased. Many users in various trading communities commented: Has the main force been gathering for a long time, and is this breakthrough about to come? In terms of the industry, the demand for self-storage services is steadily recovering, and the trends of rising rents and occupancy rates continue. The company's third-quarter report data is impressive, and the market interprets it as core performance support. On the technical side, the daily K-line moving averages are bullish, and the MACD fast and slow lines are moving up simultaneously. The upper edge of the box is under pressure, but buying resilience remains strong. The Bollinger Bands are gradually narrowing, increasing expectations for an upward breakout. The key to the future market lies in the sustainability of funds: if the volume continues to increase and there is a short-term breakout of the box pressure level, a new round of upward waves will be welcomed. However, if there is exhaustion after the breakout and a main force outflow occurs, one should be wary of sharp fluctuations during a pullback. The movements of the main force and intraday trading are the focus of community attention. Conservative investors are advised to follow the main force, while those with a heavier short-term wait-and-see sentiment can wait for a confirmation opportunity after an effective breakout and pullback. The overall atmosphere is relatively positive, and short-term breakout opportunities are approaching