Morning Trend | NEXTEER's capital movement approaches previous highs, short-term volatility heats up under sector linkage

On January 22, NEXTEER (1316.HK) saw a significant increase in trading activity, with trading volume expanding for two consecutive days, making it one of the standout stocks in the automotive parts sector. During the session, multiple active funds pushed up the stock price, repeatedly attempting to break through previous rebound highs, and the market's short-term trading rhythm clearly accelerated. The main forces actively cooperated with increased volume to launch an upward attack, creating a noticeable atmosphere of short-term speculative rally. This week, the Hong Kong stock market's new energy vehicles and parts sector attracted incremental capital attention, with improved expectations for the recovery of the industrial chain driving NEXTEER to attract rotational funds. The impact of destocking in the U.S. electric vehicle market is believed to stimulate the Asian supply chain, especially upstream parts companies, combined with the warming of new energy concepts, further elevating market trading sentiment. On that day, the sector's linkage effect was prominent, with related stocks experiencing a broad rise, and the capital heat overflowed from technology-weighted sectors, significantly boosting the short-term market performance of the sector. From a technical perspective, NEXTEER is currently approaching the upper Bollinger Band, with the MACD still operating in a strong bullish zone. Short-term momentum is decent, but there were some profit-taking actions from the main forces during the session, leading to a divergence in capital flow at high levels. The KDJ maintains a bullish arrangement, but signs of top flattening have intensified, indicating a risk signal for increased short-term volatility. Whether it can break through previous highs will depend on the cooperation of trading volume and the willingness of the main forces to push up. If the sector continues to heat up, short-term volatility may increase, and monitoring capital anomalies for chasing highs should be strengthened, and heavy positions are not advisable