Biren Technology's surge is close to 9%, with trading volume significantly increasing, breaking through the upper boundary of the consolidation range. The current resistance is near $47.50. If it can hold above this level for two days, the target is $52. If it falls below $43, it would confirm a false breakout, indicating a stop-loss level.
Montage Technology's gain is relatively moderate, with significant selling pressure above $270. The long position defense line is $255. If broken, the short-term trend weakens.
Both are part of the domestic computing power chip narrative. The unusual trading volume activity in Hong Kong stocks is a more reliable signal than technical price levels.
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