Morning Trend | JST GROUP shrinks volume and grinds the bottom, is a sudden move by the main force coming?
On October 23rd, at the close, JST GROUP (6687.HK) experienced a day of reduced trading volume, with the market atmosphere approaching freezing point, and right-side traders expressing boredom. Although there was a constant tug-of-war between bulls and bears in the short term, mainstream technical indicators clearly declined, with K-lines continuously sticking to the lower track to grind the bottom. There were no new messages or large order rumors, and buying interest was sparse, but occasionally some funds attempted to push prices up, only to be immediately intercepted by short sellers. Community discussion volume has cooled, with everyone waiting for the next explosive point. Currently, it is a silent period for the main force, but the calmer it is, the easier it is for sudden changes to occur. In the future market, special caution should be taken against sudden volume fluctuations, whether it is a rebound or continued decline, as it can easily attract short-term incremental entry. Both entering and exiting positions require extra attention to intraday pull actions, and the atmosphere for hitting boards may be ignited temporarily. At this position, it is not difficult for the main force to pry open the market, just waiting for the moment when the chips loosen, as short-term opportunities may arise at any time, but the risk at high levels is also increasing. Missteps in timing can easily lead to losses, so it is crucial to pay attention to changes in intraday volume and sudden surge signals
On October 23rd, at the close, JST GROUP (6687.HK) experienced a day of reduced trading volume and consolidation, with the trading atmosphere in the market nearly reaching freezing point, and right-side traders expressing boredom. Although there was a constant tug-of-war between bulls and bears in the short term, mainstream technical indicators clearly trended lower, with K-lines continuously sticking to the lower track to grind the bottom. There were no new messages or large order rumors, and buying interest was sparse, but occasionally some funds attempted to push prices up, only to be immediately intercepted by short sellers. Community discussion volume has cooled, with everyone waiting for the next explosive point. Currently, it is a silent period for the main players, but the calmer it is, the easier it is for sudden changes to occur. In the future market, special caution should be taken against sudden volume fluctuations, whether it is a rebound or continued decline, as it can easily attract short-term incremental entries. Both entering and exiting positions require extra attention to intraday price movements, and the atmosphere for hitting boards may be ignited temporarily. At this position, it is not difficult for the main players to pry open the market, just waiting for the moment when the chips loosen, as short-term opportunities may arise at any time, but the risk at high positions is also increasing, and misstepping can easily lead to losses. It is crucial to pay attention to intraday volume changes and sudden surge signals
