In early trading today, the Shanghai and Shenzhen index fluctuated downward after opening slightly higher. With the rise of the concepts of submarine optical cable, solar thermal power generation and aquaculture, the index fluctuated and rebounded. However, affected by the decline of the concepts of coal, oil, civil aviation and home decoration, the index fell near noon. In the afternoon, the two cities rebounded near the 5-day moving average, and the Shanghai index rose and gradually turned red. As of the close, the Shanghai index rose 0.34% to 327103 points, and the Shenzhen Composite Index rose 0.73% to 1240865 points.
On the disk, the number of ups and downs in the two cities was relatively close, but the overall rise was more or less. Nearly 80 stocks rose by the limit or by more than 10%, of which Hengguang shares, Jilin Jlu Communication Design Institute Co.Ltd(300597) and Sunfly Intelligent Technology Co.Ltd(300423) rose by 20%, and only 10 stocks fell by the limit or by 10% except St.
Technically, since the rebound on the 16th, although the Shanghai and Shenzhen index has stood on the 10 day moving average, the volume can be significantly reduced, which seriously restricts the pace of the rebound of the two cities. The K line is obviously flat, the 20 day moving average is close to the K line, and the sector rotation is accelerated. In terms of overall shape, today’s index shows signs of testing the support of the 5-day moving average. With the approach of the 20-day moving average, the market is once again facing the choice of long and short direction. Without the cooperation of trading volume, it is difficult for the two cities to form an effective upward attack. On the other hand, it should be noted that the number of top circles and bottom circles of the software changed. On January 4, the software gave 1019 top circles after the closing, and the market immediately formed a phased high point; For three consecutive days on August, September and October in February, the software continuously gave the top circle chart ranging from 2400 to 1400, and the index was then adjusted; On March 9, after the afternoon closing, the software gave more than 3000 bottom charts, and the market rebounded sharply in the afternoon. In the three trading days from March 18 to 22, the top circle chart reached more than 1000 or even more than 3000, and then the rise of the index was blocked. At present, with the acceleration of sector rotation and the violent vibration of the index, according to the tips given by Rongwei software, strictly grasping the principle of stock selection and shareholding position has become the top priority. The stock valuation and fundamentals should attract the attention of investors and pay attention to avoiding poor performance and high price stocks.
In terms of operation, you can look for industry leading stocks with successful bottoming and performance support, pay attention to bargain hunting and band operation. Pay attention to avoiding stocks with higher cumulative gains and controlling positions.
