Morning Observation | Anjoy Food (2648.HK) Hits New Highs, Institutions Concentrated but Short-term Volatility Risk Increases

Yesterday, Anjoy Food hit multiple new highs driven by consumption upgrades and the popularity of pre-prepared dishes, with many funds and institutions entering the market to grab shares. Trading was extremely active, with clear support from major players, and the trading volume continued to expand throughout the day. Technically, the stock price repeatedly stabilized and broke through short-term moving averages, with a very clear bullish arrangement. Driven by expectations of consumption during the Spring Festival and favorable industry conditions, the collective investment in the sector intensified, and market sentiment for short-term speculation surged. However, after the trading volume rapidly increased, the volatility also expanded, and some funds took profits during the session. Operational advice: Pay attention to the risk of pullbacks in high-level areas in the short term, dynamically monitor intraday capital movements, and guard against chasing prices and potential sell-offs. The overall long-term logic is good, but short-term disturbances are intensifying, so it is recommended to mechanically take profits and reduce positions in batches to cope with short-term fluctuations