Morning Trend | BRETON Retraces to Key Support, Is a Major Move Coming?

On January 15th, at the close, BRETON (1333.HK) experienced a continuous pullback, with funds maintaining a wait-and-see stance throughout the day, and the market lacked signs of proactive aggression, indicating a significant contraction in short-term bullish sentiment. The new energy sector started off overall sluggishly, and institutional reallocation actions have not yet concluded. During the session, BRETON's stock price quickly approached the important support level of HKD 24, showing some defensive willingness from funds, but there has not been a large-scale replenishment action, indicating a shift in risk preference towards conservatism. Recently, public sentiment regarding the decline in raw material prices in the new energy supply chain has continued to ferment, and the pace of recovery in terminal demand has not received new catalysts, leading to weakened industry confidence and a cooling of overall sector enthusiasm. BRETON has not seen significant volume increase, but if there are new positive developments within the sector, it may first drive its replenishment actions, potentially leading to some capital inflow. From a technical perspective, the MACD has weakened in the short term, showing a death cross pattern, and short-term moving averages are trending downward, which is generally viewed as a signal of a market transition period. The main players' low absorption is not yet evident, and speculative funds are more inclined towards quick in-and-out trades. Participants in "right-side trading" will pay more attention to changes in volume and new capital inflows during this phase. If subsequent volume breaks below the HKD 24 support, systemic risks may be further amplified, so it is necessary to remain vigilant against sudden market changes. Current overall sentiment is relatively low, and it is recommended that investors closely monitor intraday volume changes and market news, waiting for clearer opportunity signals to emerge. In terms of operations, it is advisable to participate cautiously and strictly control positions to guard against downside risks