Morning Trend | FUFENG GROUP fluctuates repeatedly, will the main force take action at the integer level?
Fufeng Group (546.HK) stock price has been fluctuating, with major funds engaged in fierce battles at key integer levels. After the MACD death cross, the short-term trend has weakened, but the downside space is limited. On the fundamental side, the company's main products have stable pricing power, and the sector is in a cyclical downturn, with negative feedback from inventory and demand suppressing the trend. Technically, the HKD 10.00 integer level constitutes a core bull-bear watershed. If the main funds continue to support the stock, a technical rebound may be expected. However, if funds flow out and the integer level is broken, it could trigger an accelerated decline. The operational suggestion is to wait for a low-volume rebound and a re-arrangement signal of moving averages, and a small position can be attempted. Conservative investors are advised to wait and see. Overall, Fufeng Group's main funds are battling at the integer level, and the direction choice depends on fund inflows and marginal changes in the industry
Technical Forecast·
