Morning Trend | NEXTEER's capital movement approaches previous highs, short-term volatility heats up under sector linkage

As of the market close on January 22, NEXTEER (1316.HK) saw a significant increase in trading activity, with trading volume expanding for two consecutive days, making it one of the standout stocks in the automotive parts sector. Multiple instances of active capital pushed the stock price higher during the session, with several attempts to break through previous rebound highs, indicating a clear acceleration in short-term trading momentum. The main forces actively supported the volume-driven upward movement, creating a noticeable atmosphere of short-term speculative rally. This week, the Hong Kong stock market's new energy vehicles and parts sector attracted incremental capital attention, with improved expectations for the recovery of the industry chain driving NEXTEER to attract rotational funds. The impact of destocking in the U.S. electric vehicle market is believed to stimulate the Asian supply chain, especially upstream parts companies, combined with the warming of new energy concepts, further elevating market trading sentiment. On that day, the sector's interlinkage effect was prominent, with related stocks experiencing widespread gains, and the capital heat spilling over from technology-weighted sectors, significantly boosting the short-term market performance of the sector. From a technical perspective, NEXTEER is currently approaching the upper Bollinger Band, with the MACD still operating in a strong bullish zone. Short-term momentum is decent, but there were instances of profit-taking by the main forces during the session, leading to a divergence in capital flow at high levels. The KDJ remains in a bullish arrangement, but signs of top flattening are increasing, indicating a risk signal for intensified short-term fluctuations. Whether it can break through previous highs will depend on the cooperation of trading volume and the willingness of the main forces to push higher. If the sector continues to heat up, short-term volatility may increase, and monitoring for unusual capital movements when chasing highs is necessary, and heavy positions are not advisable