Morning Trend | TRAVELSKY TECH tests support, signs of a trend change under cautious capital?
China Civil Aviation Information Network (696.HK) experienced a contraction and consolidation on January 8, with the stock price testing a key support range. The aviation service sector lacks new catalysts this week, and the market is focused on expectations for the Spring Festival travel rush, but the existing transportation data and performance forecasts have not exceeded expectations. Main funds in the industry are on the sidelines, with no large transactions from leading companies, leading to increased divergence within the sector and hindering valuation increases. Technically, MACD and KDJ are weak, with low trading volume, and the support range is being repeatedly tested, with ambiguous signals for buying interest. If the Spring Festival travel data or flight orders exceed expectations, it may trigger a short-term rebound; otherwise, the sector may maintain structural consolidation. Short-term investment should focus on a wait-and-see strategy, with the key approach being defense and timely response to unusual signals
Technical Forecast·
