Morning Trend | REPT BATTERO weakly tests the bottom, will the rebound signal ignite?

REPT BATTERO (666.HK) maintained a weak oscillation pattern along the lower Bollinger Band during intraday trading on January 22, with low participation from the new energy materials sector and a significant decrease in volatility. Recently, ETF and quantitative funds have passively flowed out due to MSCI adjustments, and the sector's targets lack a main tracking line, with large funds avoiding speculation on heavyweight stocks and choosing to wait for new hotspots. On the technical side, the 5-day and 10-day short moving averages are forming resistance, the MACD death cross continues, and intraday trading volume is extremely light, with chip pressure gradually turning into passive selling. The current market tends to rotate themes, prioritizing upstream materials or stagnant stocks, while REPT BATTERO lacks event catalysts, making it difficult to activate the market in the short term. Future attention should be paid to occasional positive news, intraday fund movements, and overall industry activity trends. If the stock price continues to weaken and test lower levels, defensive measures must be taken for right-side trading, and short-term operations are recommended to focus on observation