Morning Trend | CTG DUTY-FREE main force actively pushes for new highs, will high-level fluctuations intensify?
On December 22, at the close, China Tourism Group Duty Free Corporation (1880.HK) once again became the focus of market attention. Throughout the day, capital flow was active, and the stock price rose strongly, continuously approaching the recent high point, with the tourism and consumption sectors performing strongly overall. The bullish atmosphere during the trading session was strong, with major players frequently adjusting their positions, indicating a trend of accelerated inflow. Recently, multiple positive news items in the duty-free market have emerged, including progress on Hainan's expansion policy, further boosting market sentiment. Industry insiders generally believe this reflects a faster recovery pace in the consumption sector, with several leading enterprises strengthening simultaneously.
From a technical perspective, China Tourism Group Duty Free Corporation currently maintains a strong short-term pattern, with daily momentum leaning towards the bullish side, but the risks of high-level fluctuations and volatility are also increasing. The continuous growth in trading volume indicates that capital is still driving market rhythm, but signs of short-term overbought conditions are emerging, and some profit-taking pressure has begun to appear. Attention needs to be paid to the diversion of capital within the sector and changes in trading volume; if capital fluctuations become severe or sector sentiment cools, short-term volatility risks should be heeded. Positive reports from Xinhua News Agency regarding consumption recovery continue to enhance market confidence, but with major funds frequently changing hands, intraday fluctuations remain significant. Currently, the linkage between the broader market and sectors is still a key focus for the market. If new news further stimulates capital inflow, the possibility of a short-term challenge to previous highs cannot be ruled out. However, it is important to be cautious, as the divergence between bulls and bears is gradually widening, especially against the backdrop of continuous rotation of market hotspots, increasing pressure from high-level profit-taking
Technical Forecast·