Hualong Securities pointed out that the sharp drop in European and American stock markets yesterday did not form a great bad situation for the A-share market. The Shanghai index continued to maintain the contraction shock, and the closing has not recovered the 5-day moving average and annual average. However, technically, the bottom has rebounded for many times in recent trading days, and the contraction has been maintained, indicating that the downward momentum is insufficient. In addition, there are two groups of pregnancy lines in the Shanghai index, indicating that the trend of causing a small rebound in the short term has appeared. The overall operation interval refers to 2850 points – 2930 points.
The current trend adjustment space is limited, but the time is not sufficient. Therefore, radical investors can layout the short-term market in 30-50% positions, grasp the low absorption opportunities around 5g, chips, semiconductors and components, and strictly set stop losses; Steady investors continue to pay attention to index funds below 2900 points, and modify the operation strategy after the market stimulates the main line of continuous hot spots.
(Securities Times)
