Morning Trend | QINGSONG HEALTH observes with reduced volume, waiting for changes amid sector rotation

QINGSONG HEALTH (2661.HK) has recently entered a period of low trading volume and observation, with frequent sector rotations leading to a relatively flat performance. Yesterday, the stock price fluctuated slightly, with the 5-day and 10-day moving averages showing a convergence state. The MACD golden cross signal continues but with noticeably weakened strength, indicating a decrease in market participants' subjectivity. The trading volume in the intraday gap is sparse, suggesting that a wait-and-see sentiment dominates the current market. From a sector perspective, after the previous hot rotation in the healthcare track, funds have begun to focus on second-tier pharmaceutical targets with relatively high cost-performance ratios. QINGSONG HEALTH has a relatively stable fundamental outlook, with optimized business structure and user growth bringing potential for the medium to long term. However, there are limited short-term benefits from news, and the speed of expectation fulfillment is slow, resulting in recent performance lagging behind sector leaders. Technically, the stock is currently positioned around multiple moving average centers. If there are favorable policies or industry catalysts in the future, it may help stabilize and raise the stock price. If the sector continues to rotate and the intensity of capital inflow does not increase, it may face a probability of box oscillation. It is recommended that investors maintain patience in the short term and avoid blindly chasing prices, closely monitor intraday fluctuations and marginal changes in industry policies, and wait for clear signals before increasing positions in the medium term