Morning Trend | RONGTA TECH (9881.HK) rises sharply at high levels, can it continue to challenge previous highs?

Technical Forecast
2026.03.06 01:00
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As of the close on March 5th, RONGTA TECH is still operating at a relatively high level, with multiple intraday surges near the resistance zone, and increased fluctuations in the minute-by-minute chart. Buying activity is active but under significant pressure, with some pullback at the end of the trading session, indicating that short-term funds are leaning towards "quick in and out," and the characteristics of high-level turnover are quite evident. Right-side trading usually observes immediate reactions at high price levels as observation points; currently, it is closer to a high turnover period. Without sustained endorsement from volume and sector collaboration, the effectiveness of a single-day breakout is difficult to confirm. From a technical perspective, daily momentum remains strong, with prices holding above short-term support. However, if there is a divergence between volume and price, the risk exposure at high levels may be passively amplified, triggering larger short-term fluctuations. In terms of market environment, "new quality productivity" and manufacturing upgrades have become high-frequency terms during the Two Sessions over the past week, significantly boosting sentiment in the technology manufacturing sector. The structural inflow of southbound funds has also been repeatedly mentioned by the market. The sector's linkage has driven increased trading volume for RONGTA TECH, with several surges approaching the resistance zone, but no effective breakout has yet occurred. Market interpretation tends towards "favorable conditions exist, but realization depends on funds," with short-term funds frequently making price differences at high levels, leading to a coexistence of position switching and swing trading, which makes the minute-by-minute structure more prone to fluctuations and upper shadows