Morning Trend | MOMENTUM FIN at a critical point, can short-term fluctuations activate activity?
MOMENTUM FIN (1152.HK) continued to consolidate at low levels yesterday, with the financial sector under pressure and activity significantly declining. The current market is focused on the Hong Kong dollar exchange rate and the introduction of new policies, but major funds are clearly in a wait-and-see mode. There are occasional small orders lifting individual stocks during the day, but a trend has not been established. The MACD is in a dead cross low-level consolidation, entering a tug-of-war pattern in the short term. HKD 1.44 is an important technical support level for this round, with no large-scale funds responding yet. If the key level holds, occasional impulses may trigger buying, but insufficient volume still limits the sustainability of upward momentum; if it breaks down, there is a low probability of creating a new short-term low. The intraday market and marginal signals from market events need to be tracked in a timely manner to prevent the expansion of right-side risks
MOMENTUM FIN (1152.HK) continued to consolidate at low levels yesterday, with the financial sector under pressure and significantly reduced activity. The current market is focused on the Hong Kong dollar exchange rate and the introduction of new policies, but major funds are clearly in a wait-and-see mode. There are occasional small orders lifting individual stocks during the day, but a trend has yet to form. The MACD is in a dead cross and consolidating at low levels, entering a tug-of-war pattern between bulls and bears in the short term. HKD 1.44 is an important technical support level in this round, with no large-scale funds responding yet. If the key level holds, occasional impulses may trigger buying, but insufficient volume still limits the sustainability of upward momentum; if it breaks down, there is a low probability of creating a new short-term low. The intraday market and marginal signals from market events need to be tracked in a timely manner to prevent the expansion of right-side risks
