In early trading today, the Shanghai and Shenzhen index opened slightly lower and fell again after rapid rise. The Shanghai and Shenzhen index rebounded after callback to the semi annual line position. The Shanghai and Shenzhen index then fluctuated higher and gradually turned red, led by the concepts of breeding, in vitro diagnosis and medicine. In the afternoon, the market fell slightly, and the Huawei concept rose strongly, stabilizing the two markets. As of the close, the Shanghai index rose 0.39% to 3593.52 points, and the Shenzhen Composite Index rose 0.44% to 14406.97 points.
On the disk, Shenzhen Agricultural Products Group Co.Ltd(000061) , in vitro diagnosis, virus detection, Huawei and feed sectors led the increase, while petroleum and petrochemical, mining, online games, power and lithography sectors and concepts led the decline.
Technically, the Shanghai and Shenzhen index continued to callback. After falling below the annual line, the Shenzhen Component Index failed to rebound to the bottom, but continued to jump down. This was not the case when it fell below the annual line several times. Today, the Shanghai index stepped back on the 120 day moving average, which led to a technical rebound in the Shenzhen Component Index, and the whole day turnover of the two markets decreased significantly. We should note that in the important position of the semi annual line, if the transaction can effectively enlarge the cooperation index, there may be a technical chance of bottom rebound. Otherwise, like the Shenzhen composite index, there is a certain probability of continuing to fall to the annual line. On the other hand, it should be noted that the number of top circles and bottom circles of software changed. On November 5 of the previous year, the software received more than 1400 top circles at noon, which exacerbated the short-term risk of the market; On November 29, the software gave more than 1100 bottom charts after the closing, and the market rebounded and rose rapidly after reaching the bottom in a short time; On December 10, the software gave 1026 top circle charts after the closing, and the market immediately formed a phased high; On January 4 this year, the software gave 1019 top circles after the closing, and the market immediately formed a phased high. At present, with the acceleration of plate rotation and violent vibration of the index, strictly grasping the principle of stock selection and shareholding position has become the top priority according to the tips given by Rongwei software. 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 find industry leading stocks with successful bottoming and performance support, pay attention to bargain hunting and band operation. Pay attention to avoid stocks with higher cumulative gains and control positions.
(source: Rongwei securities)
