
Morning Trend | KINGSOFT CLOUD's main force stirs the market, is a rebound coming?

Kingsoft Cloud (KC.US) saw a sudden surge from the main force yesterday, with active buying orders rapidly increasing during the session, stabilizing the stock price and gradually gathering a rebound atmosphere. The cloud service sector has shown signs of warming up, with some funds clearly willing to bottom fish. Market rumors suggest that the company's new business model is being implemented at an accelerated pace, attracting short-term attention. The K-line has recovered several short-term moving averages, and the main force's increased positions are emerging. If today's trading volume continues to expand, a rebound trend may soon start. Pay attention to the key convergence zone of 2.3-2.5 USD; if it stabilizes, it is expected to attract greater buying power. In terms of risks, there is strong resistance from high-level funds. If the rise is hindered and the market shows a significant sell-off, it could easily lead to a second bottoming. While speculative funds focus on the rebound, they should also closely monitor the main force's attempts to lure in buyers and quickly cash out. Some opinions suggest testing with light positions and strictly controlling the pace of chasing gains
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