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Morning Trend | CHINA RUYI's capital divergence increases, can it stabilize after a volume drop?

On January 27th, CHINA RUYI (136.HK) experienced continuous capital outflow throughout the day, showing significant characteristics of a volume decline. There was a slight rebound in the early session, but it was immediately met with large sell orders, causing the stock price to repeatedly fall below the key support level of 2.15 yuan, accompanied by a buildup of sell orders, indicating a concentrated shift to a bearish sentiment in the short term. There were no obvious signs of stabilization during the session, and trading volume increased, reflecting insufficient confidence among bulls. The entertainment and media sector has recently generally lacked new hotspots, and the overall industry news is relatively sparse. Although consumer scenarios are gradually recovering post-pandemic, the slow progress of major content projects and tightening regulatory policies have led to a continuous decline in market risk appetite for leading media stocks. CHINA RUYI itself lacks new positive announcements, with limited progress in IP cooperation and content innovation, compounded by the absence of significant industry themes, resulting in a sustained weakening of capital inflow momentum. From a technical perspective, the MACD has already broken down in the short term, with multiple moving averages on the daily chart showing a bearish arrangement, a typical "death cross" structure. The market has shown oversold signals, but capital has not captured effective rebound opportunities. If the main capital can increase volume and lift the price during the session, or if a hotspot event ignites sentiment, there may be a chance for a brief oversold rebound. Otherwise, with risk exposure still evident, right-side traders should prioritize controlling their positions. Overall, CHINA RUYI is currently under dual pressure of a downward trend and capital outflow. If it cannot stabilize above 2.15 yuan during the day, there may be further inertia to the downside

Technical Forecast·
Technical Forecast·

CHINA STAR ENT (0326.HK): Mild upward movement on reduced volume, short-term high position realization risk gradually increasing

China Star Entertainment (0326.HK) has been favored by market thematic funds this week in the entertainment film and television, and cultural IP concept sectors, experiencing a hot rotation. Yesterday, the stock price was gently pushed up in the morning session, with a high turnover rate, as the main players reacted quickly to new film promotions and industry news stimuli. The willingness to chase high prices in the short term has driven a phase rebound, but the trading volume at high levels has significantly decreased, indicating an increasing atmosphere of hesitation among funds. Reviewing recent trends, the company has leveraged thematic news to boost rebound potential, with third-party collaborations and core business potential enhancing expectations. However, the previously accumulated gains and profit-taking have gradually been unwound, with large orders actively selling during the session, and frequent turnover by the main players has intensified short-term divergences. On the technical side, the MACD has not shown a clear death cross, and the price fluctuation range has expanded, with the funds' psychology of "testing breakthroughs and inducing buying" clearly strengthened. At this stage, market sentiment is prone to intense fluctuations, testing whether it can stabilize at high levels. Investors should pay attention to the sustainability of funds and the external thematic diffusion momentum. Once the hot spots switch or funds dry up, the risk of oversold pullbacks will be exacerbated. It is recommended to adopt a short-term trading strategy with quick entry and exit tactics, and to be cautious of violent fluctuations under intraday anomalies

Technical Forecast·
Technical Forecast·
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$Tencent Music(TME.US) $NETEASE MUSIC(09899.HK) These two stocks can't be bought now, the industry landscape has changed directly. Douyin is too strong.