Morning Trend | KINGBOARD HLDG (148.HK) has sufficient volume, can it achieve an effective breakthrough under the dominance of bulls?

Technical Forecast
2026.01.21 01:00
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KINGBOARD HLDG (148.HK) has recently seen active trading, with its stock price gently rising. Yesterday, the daily MACD formed a golden cross, indicating a continuation of the bullish trend. Since rebounding from the previous low, funds have continued to flow in, with the 5-day and 10-day moving averages providing strong support for the price, leading to a dominant short-term bullish atmosphere. On the fundamental side, the company's main business is stable and its profitability is recovering, with raw material prices retreating and improvements in market expectations due to the synergy across the entire industry chain. There are currently no significant negative news, maintaining a structurally bullish pattern. As the sector's attention increases, technical funds are increasing their participation, driving the trading volume of individual stocks to continue expanding. Technical analysis shows that the MACD golden cross combined with volume release is favorable for sustained bullish momentum. At this stage, the previous high has become the main resistance area, and whether it can effectively break through largely depends on the willingness of main funds to further push up and the strength of market-following funds. If today's intraday volume continues to be ample and the price remains stable above the 5-day and 10-day moving averages, a breakthrough is expected; conversely, if the volume-price coordination weakens, high-level fluctuations may continue. In terms of strategy, investors are advised to pay attention to key support levels and intraday fund movements, remaining cautious about chasing high prices. Using the 5-day moving average as an operational reference, quick short-term gains can be locked in gradually, and if there are significant adjustments or signals of main funds shifting stocks, it is advisable to take profits promptly. For medium to long-term positions, dynamic position management should be implemented based on changes in fundamentals, closely monitoring the stability of main fund holdings and alerts for significant block trades. Overall, KINGBOARD HLDG has a robust bullish structure, but the competition for funds at high levels is intensifying, so holding stocks should be dynamically defensive