Morning Trend | AIA Group's bullish sentiment is high, funding divergence is emerging, is a surge coming?

AIA (1299.HK) has shown a significant increase in bullish sentiment in recent trading days, with short-term funds continuously entering at important support levels, raising market optimism. From the K-line structure, the stock has maintained strong fluctuations above the 5-day and 10-day moving averages since the beginning of the month, with upward momentum driven by consecutive red bars. The MACD shows a structural golden cross, indicating that the stage of bullish dominance should not be underestimated. However, from yesterday's market performance, AIA encountered resistance at intraday highs, with initial signs of short-term profit-taking pressure. The intraday trading volume shows an increase in divergence between bulls and bears, with some funds choosing to cash out at high levels, indicating a slight disagreement between the main force and short-term funds regarding the future market rhythm. It is worth noting that AIA has recently benefited from changes in interest rate structures and expectations for valuation recovery in the insurance sector, with mainstream institutions increasing their holdings, making it an important target for industry funds seeking safety and rotation. Additionally, AIA's asset layout in the Greater Bay Area, new product lines, and technology empowerment are driving its fundamentals to stabilize and improve. However, external risks such as fluctuations in US-China interest rate policies and global macroeconomic pressures remain significant factors affecting the stability of the sector. From a technical perspective, the current 5-day moving average serves as the first support line. If the inflow of funds continues throughout the day and trading volume further expands, it is possible to challenge the previous high or even test new highs. However, if intraday trading volume slows down and market sentiment marginally declines, the likelihood of short-term fluctuations between the 5-day and 10-day moving averages may increase, necessitating caution against high-level divergences triggering short-term corrections