
Morning Trend | SUNSHINE INS continues to oscillate with decreasing volume, is a low-level rebound opportunity coming?

Sunshine Insurance (6963.HK) has recently continued a pattern of low-volume fluctuations in its stock price, consolidating sideways for several days, with the market generally concerned about the possibility of a rebound from low levels. From a technical perspective, the MACD death cross structure has fully persisted, with daily momentum continuing to shrink, and the stock price has not yet shown strong signals of stabilizing and rebounding, remaining in a stalemate between bulls and bears in the short term. In terms of trading volume, the transaction has significantly narrowed for several consecutive days, with a strong atmosphere of capital waiting on the sidelines. A phase support has formed around HKD 10.30; if the sector or the broader market experiences marginal positive news, the stock price may welcome a performance of oversold recovery. Currently, the sentiment in the insurance sector is generally sluggish, with limited expectations for policy and market risk aversion preferences, which hinders effective inflows of large capital. In the short term, if today's transaction amount continues to shrink, the market may maintain a narrow range of fluctuations, and the rebound window still needs to wait for a breakthrough opportunity. Once the main force increases its volume and breaks through the resistance level of HKD 10.80, a low-level rebound signal can be preliminarily established. In terms of operational advice, investors should closely monitor trading volume and support dynamics, adopting a phased light position testing model to seize small rebound opportunities. If the market or news conveys positive signals, the height and sustainability of the rebound need to be combined with the industry atmosphere and actual performance of trading volume, while also being wary of the risk of "false breakouts" followed by pullbacks. Overall, there is a possibility for Sunshine Insurance to have a low-level rebound window, but it has not yet formed technical evidence; it is recommended that conservative investors patiently wait for a clearer turning point between bulls and bears before making further arrangements
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