Early Morning Trend | Shanghai Electric shrinks volume to explore the bottom, can the equipment leader welcome policy-driven fluctuations?

Shanghai Electric (2727.HK) has recently continued to shrink in volume while probing the bottom, and there are no obvious signs of stabilization in the technical pattern. The daily MACD is in a death cross state, and the green bars have not shown significant convergence, indicating a strong bearish atmosphere. The current stock price has been oscillating in a low range, with trading volume continuously shrinking, and the enthusiasm of main funds participating has weakened, resulting in an extremely sluggish market. From an industry perspective, the manufacturing sector has recently faced significant pressure, but the policy side continues to focus on high-end equipment and intelligent manufacturing. If heavyweight policies are implemented in the future or significant projects are advanced at the company level, it may bring about temporary elasticity. Technically, attention should be paid to the suppression of the 5-day moving average. If there is a breakout with increased volume and follow-up, the stock price may build a short-term support rebound platform. Conversely, if the volume remains low, there is a risk of further probing for a bottom. As for the operational strategy, it is recommended to closely track industry news and company announcements to grasp policy trends. Short-term trading should focus on steady defense, and participation should only occur in moderation when a trend reversal signal is seen, to avoid being trapped by chasing highs