
Morning Trend | CK ASSET's main force increases positions, can the consolidation near the previous high change the trend?

CK ASSET performed steadily at the close on October 22. As a heavyweight blue-chip in the real estate sector, it has been influenced by recent supportive signals from industry policies, leading to a defensive capital flow trend. During the day, there was a sudden surge in the main force at the end of trading, with stable volume, and it is just a step away from the historical high of 38.88 yuan, with capital leaning towards defense while short-term bullish forces coexist. In terms of news, leading real estate companies have regained attention, and macroeconomic factors are positively supporting a rebound in the real estate sector. The weak market has instead stimulated a gathering of heavyweight stocks, with CK ASSET circulating in sync with other key components of the sector. The logic of rotation in the market combined with defensive strategies is driving CK ASSET's range consolidation. From a technical perspective, CK ASSET is in a top pressure zone, with a slight overbought condition in the short-term RSI and a noticeable narrowing of the Bollinger Bands. Although the volume has not significantly increased, the chips are well locked in, and the bullish elasticity appears slightly limited. In the short term, if the main force continues to increase its positions or new industry policy drivers emerge, it may open up a new round of upward space; otherwise, caution should be exercised regarding potential reversal or adjustment signals in the previous high area. For short-term operations, with both volume and price rising but facing top pressure, it is recommended not to chase high prices, but to pay attention to intraday trading and the dynamics of main capital. After a pullback to the middle track support of the Bollinger Bands, if accompanied by stabilization in the Shanghai and Shenzhen real estate sectors or positive catalysts, CK ASSET may show new performance. Overall assessment suggests that CK ASSET, as a stable leader, alternates between strength and weakness, emphasizing dynamic adjustments in right-side trading positions, balancing between defense and breakthrough
CK ASSET performed steadily on October 22, as a heavyweight blue-chip in real estate, influenced by recent supportive signals from industry policies, with capital flows tending towards defensive strategies. During the day, there was a sudden surge in the main force towards the end of trading, with stable trading volume, and the high-level fluctuations were just a step away from the historical high of 38.88 yuan, with funds leaning towards defense while short-term bullish forces coexisted.
In terms of news, leading real estate companies have regained attention, and favorable macroeconomic conditions support a rebound in the real estate sector. The weak market has instead stimulated a collective focus on heavyweight stocks, with CK ASSET circulating in sync with other key components of the sector. The rotation of the market combined with defensive logic is driving CK ASSET's range consolidation.
From a technical perspective, CK ASSET is in a top pressure zone, with a slight short-term RSI overbought and the Bollinger Bands noticeably narrowing. Although trading volume has not significantly increased, the locking of chips is good, and the bullish elasticity appears somewhat limited. In the short term, if the main force continues to increase positions or new industry policy drivers emerge, it may open up new upward space; otherwise, caution is needed for potential reversal or adjustment signals in the previous high area.
In terms of short-term operations, with both volume and price rising while facing top pressure, it is recommended not to chase high prices for participation, but to pay attention to intraday trading and the dynamics of main funds. After a pullback to the middle track support of the Bollinger Bands, if accompanied by stabilization in the Shanghai and Shenzhen real estate sectors or favorable catalysts, CK ASSET may show new performance.
In summary, CK ASSET, as a stable leader, alternates between strength and weakness, focusing on dynamic adjustments of positions on the right side of trading, balancing between defense and breakthrough

