Morning Trend | OOIL Capital Outflow, Can the Defensive Area Hold Steady?

Orient Overseas International (316.HK) has continued to weaken in recent trading days, hitting a new low during intraday trading on January 19, with active selling pressure emerging. First-tier capital has noticeably exited, and defensive sectors are gradually replacing popular main lines. As a leader in the shipping industry, Orient Overseas is affected by the global logistics environment and market sentiment, resulting in a strong overall bearish atmosphere. Upstream data shows that the growth rate of new export orders in China has declined, the Federal Reserve has paused interest rate cuts, and the global trade outlook has encountered obstacles, leading to insufficient market confidence in the recovery of shipping profits. The stock has repeatedly opened high and closed low, with important technical moving averages being broken consecutively. Attempts at speculative capital replenishment have also faced repeated obstacles, putting significant pressure on the defensive zone. Investors in the community are generally focused on the defensive effect of the 120-day moving average; if this line is breached, it may further exacerbate the pressure on holders to wait and the outflow of funds. Additionally, recent trading volume has reached a two-week high, indicating that risk-averse capital is continuously fleeing. Even though there are occasional sharp intraday rallies or large buy orders for replenishment, the willingness of the main force to protect the market is limited and lacks sustainability, resulting in high overall repair risks. In terms of future operations, it is recommended that investors closely monitor intraday fluctuations and macroeconomic news, paying attention to daily volume-price combinations. If the defensive zone is breached, they should flexibly reduce positions to prevent systemic risks. For right-side traders, they should only participate with light positions to bet on rebounds after seeing signs of a bottom and increased volume; otherwise, it is advisable to remain cautious and wait, treating the ongoing downward risk with care