
Morning Trend | CROSSTEC bulls in control, continued attention on the rotation of the innovative technology sector

On January 22, CROSSTEC (3893.HK) was influenced by the hot topics in smart technology and innovation industries, with buying pressure dominating the entire trading day. Under continuous capital inflow, the stock price steadily rose. The characteristics of control during the trading session were prominent, with solid support at the bottom of the intraday chart, and the turnover rate increased cumulatively over two days, indicating a rise in overall market enthusiasm. Recently, stocks related to innovation have frequently shown unusual movements, driving the entire technology sector to become active in rotation, influenced by optimistic financing and the flow of sector sentiment. The company itself did not have any significant announcements, and the new round of market activity mainly benefited from the fermentation of several new economic topics on the policy side, such as funds related to the innovation industry. Under the combined effect of favorable liquidity and thematic speculation, a large amount of buying energy has accumulated in the market. Technically, CROSSTEC maintains a bullish trend, with the Bollinger Bands expanding to promote upward movement, but signals of pressure at high levels are gradually emerging, and short-term risks cannot be ignored. If there is a significant increase in trading volume during the session, attention should be paid to the support below; once the chips loosen, adjustments will occur more quickly. In terms of the market, the current hype around innovation themes has obvious characteristics of capital timing, with high community attention but also many divergences, maintaining a high alert for short-term trend changes. For short-term traders, reasonable position control and profit-taking and stop-loss plans are essential, and it is crucial to avoid chasing high prices with heavy positions
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