
Morning Trend | HK TECH VENTURE frequently tests the lower track, could intraday fluctuations trigger a rebound?

HK TECH VENTURE (1137.HK) tested the lower support of HKD 0.74 again after the market closed on January 15. The technology sector has cooled down, with low trading activity, speculative funds withdrawing, and bearish sentiment difficult to dispel. The performance of Hong Kong's technology growth stocks has been affected by rising market defensive sentiment, and short-term opportunities on the right side have yet to be released. Recently, although international tech giants have announced new products and business news, the overall performance of the Hong Kong tech sector has not followed suit, with funds continuing to shift towards stable asset distribution. There have been occasional intraday fluctuations, but they have not translated into a sustained counterattack. Currently, there are limited news stimuli, and the market is patiently waiting for new catalysts to emerge. The technical chart is weak, with prominent lower pressure, a continued MACD death cross, and no increase in trading volume. If there are sudden intraday fluctuations accompanied by increased volume, it may ignite a short-term speculative window, with rebound opportunities relying on intraday fund resonance and policy or industry news catalysts. It is recommended to continuously monitor trading activity and timely news changes, while strictly controlling risk exposure in short-term operations
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