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

KINGBOARD HLDG (148.HK) has recently seen active trading, with its stock price gently rising. Yesterday, the daily MACD formed a golden cross, indicating the continuation of a bullish trend. Since rebounding from the previous low, funds have been continuously flowing 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 a decline in raw material prices and improvements in the efficiency of the entire industry chain enhancing market expectations. 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 continuous expansion of individual stock trading volume. 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 a major resistance area, and whether it can effectively break through largely depends on the willingness of main funds to further lift prices and the strength of market-following funds. If trading volume continues to be abundant today and the price stabilizes 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
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.

