
GALAXY ENT (27.HK): Capital surges actively, tourism recovery expectations boost high volatility, pay attention to profit-taking pressure in intraday trading

On the morning of February 3rd, Galaxy Entertainment performed strongly, briefly breaking through the upper Bollinger Band, with rapid capital inflow becoming the market's focus. Benefiting from the normalization in the Hong Kong and Macau regions and the full recovery expectations for Spring Festival tourism, capital surged into the sector, stimulating high market activity. The high hotel booking data disclosed by the Macau Tourism Board boosted optimistic sentiment for a new wave of tourist influx, accelerating the pace of major buying. The stable operating data related to gaming drove a significant increase in trading volume for Galaxy Entertainment, with multiple stocks in the sector resonating and becoming active. Technically, the daily RSI is approaching the overbought zone, and the rapid price increase has brought some cautious sentiment, with some funds choosing to take a breather at high levels. The rotation of themes is evident, with multiple instances of intraday spikes followed by pullbacks, and the competition among major funds has intensified, leading to increased short-term volatility in the sector. The 5-day moving average has become an important support level; if profit-taking occurs at high levels, there is a risk of downward pressure in the short term. The current focus of the sector is whether the main line of the tourism peak season can be sustained, and if there are divergences in intraday volume and price or unusual movements by major funds, as well as potential disruptions from sudden news, the likelihood of pullbacks after spikes may increase. It is recommended to pay attention to the realization of tourism-related data and changes in intraday movements in the sector, while rationally managing short-term risks
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