Morning Trend | PHOENIX TV (2008.HK) Media Fluctuation, Stepped Recovery in Heat

Phoenix TV (2008.HK) showed a stepwise recovery during yesterday's trading session, with funds gradually flowing back, driving the media sector to rise overall. The stock price slightly broke through short-term pressure, with trading volume released simultaneously. Large orders pushed the price up, followed by frequent high-level turnover, and the thematic heat of the sector has clearly rebounded. In terms of driving factors, there have been recent acquisition rumors involving leading companies in the media industry, and the overall market's expectations for asset valuation reassessment have warmed up. Phoenix TV benefited from the trading sentiment in the sector, with short-term funds concentrating on inflows. As the pressure from profit-taking at high levels increased, selling pressure also amplified, leading to intensified market fluctuations. The technical aspect remains relatively strong, with a small upward line structure in intraday trading and positive performance across major technical indicators. High-level pressure has not been completely broken, and frequent divergences between bulls and bears are observed in the market. The rotation rhythm of media themes is frequent, with high volatility in the sector, and risks of profit-taking at short-term highs are always present. It is recommended that investors pay attention to intraday structural changes, closely track news-driven factors and fund distribution, and flexibly seize the band opportunities brought by high volatility and rapid rotations, adopting profit-locking strategies when necessary to guard against sharp declines