Morning Trend | Cathay Pacific Airways (293.HK) Year-End Travel Recovery, Strong Bullish Sentiment

On the morning of December 23rd, Cathay Pacific Airways (293.HK) saw a concentrated influx of funds, with trading volume significantly increasing, benefiting from the ongoing recovery theme of year-end travel. Positive policies have frequently emerged, and the tourism and aviation industries are gradually showing signs of recovery, with international routes being restored in an orderly manner, leading to increased market attention on the sector. Both news and institutional research are showing a favorable trend. Several brokerages believe that the demand recovery pace for airlines is evident, with active funding, and the stock price is approaching last year's high, strengthening the bullish atmosphere. After the market closed, Cathay Pacific continued its bullish structure on the daily chart, with strong short-term performance, but the pressure at high levels has become increasingly significant. Although mainstream funds have pushed the stock price higher in the short term, the inability to sustain the volume after reaching high levels has led to some profit-taking during the session. In the high-level fluctuation range, the divergence between bulls and bears has intensified, and the trading structure has shown differentiation. Externally, expectations regarding Federal Reserve policies and fluctuations in fuel prices have also added uncertainty, making short-term sentiment more cautious. Currently, core funds still emphasize the stability of trading volume and intra-day policy signals. It is important to note that behind the strong performance of the aviation sector, there is always the risk of wide fluctuations, and after a rapid short-term rise, there is a tendency for emotional shifts to lead to pullback pressure. In terms of operations, it is recommended to pay attention to volume and price anomalies near key resistance levels, as profit-taking and fluctuating market expectations can easily drive a phase pullback. Although the overall recovery logic continues, the pressure of passive adjustments should not be underestimated, and position management needs to remain relatively flexible, closely tracking intra-day fund flows and international environmental variables