Technical Forecast | CNOOC-R (80883.HK) had a bullish advantage yesterday, with short-term volatility risk increasing
LB Select·- Yesterday, China National Offshore Oil Corporation-R's daily MACD showed a golden cross, indicating a strong short-term buying signal as indicators remain above the zero line. - The oil sector is experiencing heightened activity, with A-shares and H-shares positively influencing R-shares, although there is increasing profit-taking pressure amid high market confidence. - Traders are advised to gradually lock in profits to mitigate risks from potential rapid declines, while monitoring support levels at the 5-day and 10-day moving averages for stability signals.The Hang Seng Index fell 126 points in the half-day session, with mixed performance among automotive stocks
香港电台网站·- The Hong Kong stock market initially rose, with the Hang Seng Index reaching a four-month high of 21,682 points before falling to close at 21,395 points, down 126 points or nearly 0.6%. - The technology index dropped 1.55%, while automotive stocks showed mixed results, with Xpeng and Geely falling over 7% to 10%. - BYD shares hit a new high of 345 HKD before stabilizing, and mobile device stocks performed well, with BYD Electronics and Sunny Optical rising over 2% and 4%, respectively.