Morning Trend | GF Securities sees fluctuating capital tug-of-war, will the wait-and-see atmosphere break?
GF Securities (1776.HK) showed a clear divergence in performance during today's morning session, with funds oscillating between high and low positions, creating a strong atmosphere of market caution. From a technical perspective, the daily MACD has formed a golden cross for two consecutive days, with volume moderately increasing, gradually establishing a bullish structure. The 5-day and 10-day moving averages are providing short-term support, but the fierce tug-of-war between bulls and bears has led to frequent shadow lines in the K-line trend.
On the industry front, the brokerage sector is currently in a period sensitive to news. The positive performance expectations for the first half of the year and the advancement of financial reforms are helping to boost valuations. However, strict regulations and uneven market trading activity are causing accelerated rotation within the sector, making short-term capital battles increasingly complex. The morning trading showed that major funds attempted to repeatedly push prices higher, but the buying power was limited, leading to multiple slight pullbacks during the session, each accompanied by buying on dips. This interplay reflects the intertwining of major fund driving and cautious sentiment in the market.
Investors should note that the current market is in a stage of stock game, with the brokerage sector serving as a barometer for capital flow. Although there are short-term positive boosts, the oscillating trend is evident, and the sustainability of high-level support needs further confirmation. As we approach lunchtime, if the volume does not effectively increase or if funds continue to remain cautious, GF Securities may enter a phase of consolidation in the short term. Conversely, if the main funds break through with volume, short-term gains may continue.
The operational suggestion is to primarily adopt a flexible strategy of selling high and buying low, while being cautious about chasing prices. Key observations should focus on changes in volume and intraday trends, and setting preventive stop-loss levels
Technical Forecast·
