
Early Morning Trend | U-PRESID CHINA tests key levels, is a time-sensitive opportunity coming?

U-PRESID CHINA (220.HK) repeatedly tested the lower Bollinger band on January 8, with funds maintaining a risk-averse state, dominated by selling pressure in the market. The consumer staples sector has seen increased volatility recently, with food and beverage sales data in multiple regions falling short of expectations, leading to a shift in funds. The company has no substantial announcements, and the launch of some annual new products is viewed as routine and has not sparked market enthusiasm. Technically, HKD 7.87 is a key boundary, with MACD weakening and moving averages showing a suppressive trend. Overall sentiment remains defensive, and any unusual movements during intraday trading may trigger short-term volatility. Future market focus will be on policy or signals of consumer recovery. The strategy should be conservative, avoiding chasing highs and cutting losses, and guarding against short-term risks from sudden market movements
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