Morning Trend | CONCH CEMENT continues to weaken and fluctuate, are cyclical stocks really going to explore new lows?

Conch Cement (914.HK) has recently continued its weak oscillation pattern, with the overall industry atmosphere being sluggish. In the K-line trend, the stock price is hovering in the low point range for the year, the daily MACD remains in a death cross, and the green bars are gradually expanding. At the same time, the 5-day and 10-day moving averages are showing significant resistance, with no signs of a stop in the decline. The cyclical sector is dragged down by economic data falling short of expectations, with continuous capital outflow. The industry's overcapacity and slow demand recovery have led to cautious market sentiment. Although Conch Cement, as a leading enterprise, has advantages in cost control and diversified layout, it lacks clear reversal catalysts in the short term. The current shrinking trading volume reflects a strong wait-and-see attitude from the main players. If the subsequent trading volume does not significantly increase, the stock price is likely to oscillate repeatedly in the low range or even continue to set new lows. The operational suggestion is to be cautiously observant, with any small exploratory positions requiring strict stop-loss measures. Closely monitor variables such as policy support expectations and industry inventory structure. In the short term, if there is no macro favorable intervention, the cyclical sector may continue to face pressure