Morning Trend | Weichai Power Strongly Rises, Main Rising Channel Operation Focus on Support Strength

Weichai Power (2338.HK) has recently shown strong stock price performance, making another upward push in the early trading session and approaching a new high for the period. Data shows that major funds continue to flow in actively, with mainstream indicators such as KDJ and MACD on the daily chart rising simultaneously, and the volume-price relationship is good, overall operating within a main upward channel. The 5-day and 10-day short moving averages have alternately become effective support, with short-term bullish sentiment running high. In terms of the industry, Weichai Power benefits from a new round of machinery equipment exports and a recovery in demand driven by domestic infrastructure, showing strong resilience in performance. On the funding side, public and private placements as well as northbound funds have continued to increase their holdings in recent days, driving the stock price to fluctuate upward. The market is mainly driven by proactive buying, with leading stocks standing out, and intraday volume increasing, indicating sufficient support, suggesting that short-term funds are likely to continue the upward trend. Currently, investors need to pay attention to profit-taking pressure after rapid price increases to prevent sharp fluctuations from intraday pullbacks. If the upward trend is good and the volume continues to support it, stop-loss levels can be gradually raised to track the continuation of the strong upward trend. If short-term volume cannot effectively expand, attention should be paid to the support of the 5-day moving average and changes in the overall market style. If the chips loosen, it may enter a period of consolidation. Medium-term investors can maintain their positions and closely monitor performance and sector rotation adjustment signals