Category: Money Tips Date: 2006-03-14
Source: Yuan Anhui, Emerging
Repeated high up in the index after the tape showing a trend ascribed to finishing, Hu Zhi-breaking 3,000 points on selling pressure after the obviously been constrained, but the market turnover is still enlarged index also showed a high order form, a strong pattern changed and a breakthrough in the formation of short-term stock form, so that the existence of postganglionic broader market to continue to run upside momentum, hype and numerous opportunities for individual stocks.
In the short run the market point of view, the last trading day before the Spring Festival achieved the Shenzhen and Shanghai stock index broke 3,000 points on the target, despite the broader market was down after ascribed the trend to close at 3,000 points, Hu Zhi below, but the market continued to show emerged in the overall operation a very strong character. First, tape is not only a record high intraday break 3000 points, also a record high close, so that stock prices still on upward trend trend line; second tape was formed after the break 2994 points, finishing ascribed to the trend technically break 2994 points, to confirm the effective sexual characteristics, such a confirmation, once established, broad market space for the short-term upside will be expanded; third, to maintain a good level of market transactions, showing a moderate amplification of the potential, contribute to the continued upward Quotes, while the stock index closed lower for targets only in Yao City Unit formed under the influence of market speculation on the stocks are still relatively active, broad based characteristics of individual stocks is more evident. Technically, the stock index at 2994 points, breaking a new show up again after a wave of momentum, a strong pattern of continuity in the short-term stock, but Hu Zhi, after breaking 2994 points, technically there should be a confirmation process, Fri index would have that high oscillation a characteristic. Meanwhile, the broader market in late fall, but also illustrate how the market and some funds in the pre-holiday cash, longer holidays affect the expected short-term market uncertainty. However, the stock as long as the innovation high, it has repeatedly upside broader market opportunities. Therefore, we believe that tape will continue to be repeated postganglionic upside as the keynote, the market still has more opportunities for speculation.
Operation, investors are currently available short-term speculation in stocks may be appropriate to control the position, short-term stock picking may be concerned about the leading blue-chip stocks, specifically stock selection ideas: First, choose the industry attribute good potential for individual stocks fundamentals of industry leaders; second Short-term consolidation of the full with a strong compensatory growth requirements; 3 is the formation of a moderate heavy volume to start upside Quotes trend.
