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He Xun Investment Advisor Liu Weiqi: A-shares opened lower in early trading and then rose, but declined unidirectionally in the afternoon. How did market momentum shift?
The early morning gap was influenced by the overall market environment, but we opened lower and then moved higher in the morning, performing quite well at times. Many stocks were rising, but in the afternoon, the market suddenly turned sharply downward, breaking below the lowest price of the rebound’s bullish candle on Tuesday.
Hithink WeiQi analyst Liu Weiqi commented that this indicates the rebound may be coming to an end, and short-term uncertainty has increased further. As we mentioned yesterday, this area should be approached with caution. We need to be more cautious and consider the possibility of continued pullback and consolidation based on technical signals.
(Editor: Shao Xiaohui)
【Disclaimer】This article only reflects the author’s personal views and is not related to Hexun. Hexun.com remains neutral regarding the statements and opinions expressed in this article and does not guarantee the accuracy, reliability, or completeness of the content. Readers should use it for reference only and bear all responsibilities themselves. Email: news_center@staff.hexun.com