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Morning Trend | MEI AH ENTER (391.HK) surges on increased volume, can the entertainment sector maintain its momentum?

MEI AH ENTER (391.HK) experienced a sudden surge in trading volume before the market closed on November 19, with trading heat rising throughout the day. The entertainment media sector has recently been boosted by slight policy stimuli combined with the favorable landing of new projects, attracting significant capital inflows. After the market closed that day, data showed that the main sector frequently swept into hot communities, with increasing divergence between chasing the rise and long-term funds. Trading volume continued to expand, and the K-line showed a strong bullish trend, approaching new short-term highs. During the intraday process, there were signs of funds being pulled in and out, indicating that the main control of the market was not absolutely stable, with some profit-taking strategies adopting a quick in-and-out approach. The continuous warming of the industry provides a foundation for the sector's liquidity, but if there are no new catalysts after the events are digested, the market will face severe fluctuations due to rapid changes in positions. The continuation of trading volume and the sustainability of themes will be key drivers for future increases. The value of risk management is increasing; if the leading funds in the main line become cautious, the short-term pullback pressure will instantly amplify. A decrease in trading volume or sudden weakening of policy could lead to a rapid reversal of the overbought market. The strategy suggests dynamically monitoring policy news and trading volume fluctuations in the entertainment sector, quickly entering and exiting to grasp short-term rhythms, and ensuring risk control while chasing the rise

Technical Forecast·
Technical Forecast·

Morning Trend | DAMAI ENT's trading volume decreases, is the pressure line a false signal or a real opportunity?

DAMAI ENT (1060.HK) has been under pressure in recent trading days, operating below the resistance zone, with a further reduction in trading volume observed in the morning session. The market is highly focused on the capital game around the resistance line. Currently, the technical indicators show that the daily MACD remains in a death cross state, with a strong overall bearish atmosphere. Recently, the stock price has been weakly fluctuating around HKD 6.20-6.40. The capital on the market is hesitant before the resistance level and has not yet formed a sustained and effective upward momentum. Throughout this phase, after experiencing a continuous decline, the short-term divergence has widened, and the oversold condition has slightly eased. Yesterday, there were signs of partial capital inflow in the intraday trading, but no sector linkage has been formed yet. The shrinking volume indicates that the main force has not yet used its full strength to push up, and most investors remain cautiously on the sidelines. In the short term, if today's trading volume does not show significant expansion, the probability of the stock price continuing to fluctuate around HKD 6.30 is high. Only if the main capital gathers and breaks through HKD 6.50 can a short-term reversal signal be confirmed; otherwise, the unusual movements before the resistance zone are more likely to be a trap for inducing buying rather than a real opportunity. Considering the overall market environment, the rotation speed of the growth sector has accelerated, and short-term risk appetite is contracting. It is recommended that investors closely monitor the support below HKD 6.20 and the changes in the pressure area around HKD 6.50, while strictly controlling their positions. If the rebound is merely a correction and the volume is insufficient, it is advisable to treat the "inducing buying" trap below the resistance line with caution to prevent losses from false breakouts

Technical Forecast·
Technical Forecast·
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