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Morning Trend | DAMAI ENT experiences a surge in volume and a sharp decline, is the risk of a retreat in new themes increasing?

DAMAI ENT (1060.HK) experienced a strong outflow of funds throughout the day on the 16th, with multiple large sell orders appearing during the session, leading to a surge in trading volume that attracted market attention. The stock opened under pressure, with frequent short-term selling pressure, following a collective retreat in the newly listed stock sector after a series of consecutive rises. The industry's heat has significantly declined, and the newly listed stocks rely on short-term speculation and follow-up buying; when the enthusiasm wanes, the distribution of shares occurs rapidly. On the news front, the risk appetite for funds in the ChiNext has significantly decreased, with short-term funds showing increased risk aversion, leading to a notable avoidance of high-valuation stocks. The market has repeatedly shown funding gaps, and in a weak environment, positive fundamentals struggle to effectively drive up prices, intensifying the competition in existing trades. Technically, the daily line has fallen below the important support level of HKD 0.81, further releasing short-term pressure. Currently, the market lacks policy highlights, and there is a scarcity of sustainable speculative themes within the sector, with rapid shifts between bullish and bearish sentiments. Observational sentiment is rising, and some rebound stocks have also been sold off by funds. The risk of fund withdrawal from the newly listed sector is increasing; if the volume continues to weaken without seeing major players supporting the market, the overall chance of a rebound appears slim. After technical indicators lose effective support, future market changes will rely more on intraday fluctuations and sudden positive news. Investors need to closely monitor the further outflow of short-term funds; after a sustained decline in high positions with increasing volume, they should observe the main players' support and policy dynamics for any sudden rally opportunities

Technical Forecast·
Technical Forecast·

Morning Trend | IMAX CHINA explores high range, is capital patiently building momentum for structural fluctuations to ferment?

IMAX CHINA (1970.HK) has recently shown strong signs of upward momentum in its stock price. The MACD daily golden cross pattern has formed, indicating a gathering of bullish strength, with the 5-day and 10-day moving averages effectively supporting a moderate price increase. From a funding perspective, the main players show sufficient willingness to buy, with a moderate increase in trading volume during this phase, suggesting a strong patience in accumulating capital. The market has high expectations for the elasticity of IMAX CHINA in the future. On one hand, the company benefits from the recovery of the Chinese film market, with a rebound in content supply and demand from theaters; on the other hand, the global high-quality film content and technological upgrades stimulate institutional funds to continue increasing their positions. However, there is significant differentiation within the industry, and structural volatility may erupt at any time. Recently, some short-term funds have also tended to sell high and buy low, causing disturbances in the K-line structure, thus amplifying short-term fluctuations and deepening market participant divergences. From a technical analysis perspective, the MACD red bars are advancing, and the moving averages provide strong support. If today's trading volume increases moderately and maintains an upward rhythm, it is expected to continue challenging important resistance levels, potentially driving short-term resonance across the sector. However, if the intraday gains encounter resistance or market enthusiasm cools, the main players may take profit-locking actions, so be cautious of small-scale plunge risks. Investors are advised to pay attention to trading volume and significant intraday order movements, operate moderately in waves, and avoid chasing highs. Continue to track film market data and the company's strategic expansion dynamics. Flexibly respond to structural differentiation in the sector, adjust holding rhythms, and strictly control risks

Technical Forecast·
Technical Forecast·
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