Anjoy Food(02648.HK)

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

Muyuanshi plans to start accepting investor subscriptions for its $1.5 billion Hong Kong listing as early as Thursday. (IFR International Financial Review)

Morning Trend | Anjoy Food Approaches Resistance Zone, Volatility Risk Increases Under Overbought Signs

Anjoy Food (2648.HK) has recently rebounded continuously, approaching an important resistance zone. Technically, both KDJ and RSI are in a clearly overbought area, with high-risk signals flashing simultaneously. Main funds continue to flow in, and trading volume has shown a phase of expansion, establishing a clear short-term bullish trend. However, under the overbought backdrop, intraday volatility has intensified, with large orders appearing frequently, indicating an accelerated phase of turnover. On the performance front, the company benefits from the recovery in food consumption and declining raw material costs, resulting in quarterly performance exceeding expectations, attracting institutional capital inflow. Under pressure from high valuation ranges, some previously profitable positions may choose to cash out, making the market susceptible to short-term sharp declines. Future operations should focus on the alignment of trading volume and net fund flow; if volume continues to expand and prices break through previous highs, there is potential for movement to a higher platform. However, if capital divergence increases and volume shrinks, caution is needed for a pullback to the support zone. Short-term investors should closely monitor intraday fluctuations and the structure of trading volume, while medium to long-term investors are advised to hold based on the company's performance growth dynamics. Prevent risks of a phase top pullback and avoid heavy chasing on the rise

Morning Trend | Anjoy Food (2648.HK) Hits New Highs, Defensive Funds Dominate the Market

Anjoy Food (2648.HK) yesterday once again refreshed its phase high during intraday trading. Recently, the consumer sector remains hot, with risk-averse funds continuously flowing into defensive assets such as food and beverages. In the fourth quarter of 2023, rising food prices have driven mainstream buying to continue to gather, with significant increases in daily trading volume, reinforcing a bullish atmosphere as the stock price approaches technical resistance zones. Technical indicators show clear signs of short-term overbought conditions, and market sentiment continues to heat up. Positive fundamental news includes increased holdings of leading stocks by funds at the beginning of the year, a growth in New Year orders, and a resonance of stocking demand before the Spring Festival, which strengthens optimistic expectations for Anjoy Food's main business. The company's defensive attributes combined with an upward industry trend drive the stock price to maintain strong performance. On the risk side, the current price is constrained by high-level capital games; if adverse factors arise suddenly or market sentiment reverses, the pressure from high-level capital fleeing will be sharply released, and short-term pullback risks cannot be ignored. It is also necessary to pay attention to the rotation phenomenon in the consumer sector, as changes in the direction of capital dominance can bring volatility to individual stocks. In summary, it is advisable to consider short-term technical pullback buying opportunities, but caution is needed for chasing prices at high levels, and vigilance against short-term retracements is warranted

Morning Trend | Anjoy Food faces pressure after three consecutive days of gains, is short-term speculation heating up?

Anjoy Food (2648.HK) has currently achieved a strong performance with three consecutive days of gains and is about to face the test of the previous pressure zone, as market enthusiasm for short-term long-short battles continues to heat up. From a technical perspective, the recent 5-day, 10-day, and 20-day moving averages are all showing upward trends, with K-line bodies continuously rising and MACD red bars continuing to grow, indicating that main funds are maintaining a good offensive stance in the short term. Intraday data reflects a strong opening in the morning, but selling pressure gradually increased during the session, leading to heightened divergence at high levels, with some funds showing a willingness to cash out. Fundamentally, the high prosperity of the frozen food industry, continuous expansion of product lines, and the release of performance elasticity through channel penetration support the bottom space for Anjoy Food's stock price. After consecutive gains, it has entered a high-level consolidation period, with short-term risks being that if it fails to break through the previous high with increased volume, speculative and trend-following funds may choose to arbitrage and exit, causing the stock price to retrace to moving averages in search of new support. If subsequent trading volume is maintained and there are reports from brokerage firms or industry favorable stimuli, it is expected to attack again after a strong consolidation at high levels. Investors are advised to set stop-loss lines, closely monitor key trading volumes and marginal changes in fundamentals, flexibly adjust positions, and control the risk of chasing highs