A leading technology company performed exceptionally well this week. Opening at ¥85.82 and closing at ¥93.34, the weekly increase reached 8.99%. The intraday high touched ¥95.93, and the total trading volume for the week surpassed 31 billion yuan. Behind this rally are the dual boosts of policy support and market demand.

From a fundamental perspective, the "Artificial Intelligence + Manufacturing" special policy issued by eight departments has been officially implemented, signaling a strong industry development trend. Meanwhile, the market demand for domestically produced high-end chips and computing infrastructure continues to grow, with the company's server business and liquid cooling technology orders being abundant, which directly supports the stock price increase.

On the capital side, the net inflow of main funds for the week was 3.34 billion yuan. Notably, on January 8th, a single-day net inflow of 658 million yuan directly pushed the stock price below previous resistance levels. However, intermittent small outflows on other trading days indicate some investors are taking profits, and market bullishness and bearishness remain within controllable limits.

Looking ahead to next week, this stock is likely to enter a high-level consolidation phase. The core trading range is expected to fluctuate between ¥92 and ¥95. Support levels include ¥92, which is the lower boundary of recent oscillations and aligns with the 10-day moving average, forming a strong defense; ¥90 is a psychological level with potential secondary support. Resistance is concentrated around ¥95—close to this week’s high, where accumulated trapped positions are relatively substantial, requiring volume to break through effectively. If a breakthrough occurs, the next target may be near the cost-intensive zone around ¥96.

It is important to note that the current P/E ratio is already at a historically high level (64.79 times). Although the company's performance remains steady and growing, valuation digestion is objectively necessary. Additionally, increasing industry competition may exert pressure on future performance. Next week, the A-share market is likely to shift from a single-sided rally to a high-level wide-range consolidation. While the technology sector remains the main line, internal differentiation will intensify significantly. The company may fluctuate along with the sector. Key points to monitor include changes in capital flow and trading volume, to prevent short-term pullbacks caused by profit-taking and forced exits.