Morning Trend | CHUNLI MEDICAL Bulls Retreat, Can the Support Boundary Hold?

On January 27th, CHUNLI MEDICAL (1858.HK) experienced a day of low-volume fluctuations and consolidation, with bulls continuously retreating. The stock price repeatedly broke below the key support level of 14.5 yuan, showing extremely weak rebound momentum. The market frequently saw large sell orders, with intraday lows being refreshed continuously, indicating that the main force's willingness to buy is very limited. The medical device sector is generally defensive, with limited recent changes in industry policies, and the actual order volume from last week's new bidding policy did not show significant growth. Leading companies lack performance highlights, and institutions are generally adopting a wait-and-see approach. CHUNLI MEDICAL itself has no major information-driven catalysts, making it difficult to attract incremental capital inflows. From a technical perspective, MACD and KDJ are both weakening, forming a typical bearish arrangement. Short-term trading is cooling down, and there is no divergence from the main force. If large buy orders appear against the trend or new medical policy stimuli emerge, it could be seen as a temporary stabilization signal. Otherwise, the market should still be defensive. Overall, CHUNLI MEDICAL is constrained by a weak structure, and if the key support remains unstable, there is a risk of inertia downward. It is recommended that investors maintain flexible positions, pay attention to intraday trading volume and industry news trends, and strictly control risk exposure until clear signals emerge on the right side