Category: Money Tips Date: 2007-07-11
Source: Yi-Kai Beijing Morning News
In the good rumors, as well as a comprehensive high-quality stocks rebound, led by the Shanghai index to obtain support near 3400, we began to gradually recover lost territory. Disk point of view, most of the stocks in the earlier period more than 30% decline in the stock room there is a certain oversold bounce. In my opinion, for the operation of oversold stocks rebound, investors should not blindly follow the market too hot. Oversold bounce the strength of the decision by many factors, but at present investors should pay attention to the three factors are averages, volume and plate effects can be.
First, the average in the oversold bounce has demonstrated the role of support or pressure can not be ignored. From the Shanghai index's recent trend of view, 60-day moving average showed a strong supporting role, on the contrary, 5-day moving average and is in a downward state of the 10-day moving average has become an important short-term upward pressure on stock index. This as the standard, for the rapid decline in the previous 60-day moving average support to obtain the oversold stocks, investors may be appropriate to focus on; in a rebound during the 5-day moving average can be broken, is whether stock prices have continued to higher potential for the key.
Second, the volume can force the size of the oversold bounce is essential. The stock fell 30%, the stocks already have oversold bounce space conditions, the amount of stocks oversold bounce can become an important condition for the size of the intensity. Here, the amount can depend on two factors: First, during a slump in the process of individual stocks can show the amount. If * ST Qinling during a slump in the Liangnengweisu to the extreme, short kinetic energy can not be released, shares of its stock Thursday subjects although the overall rebound in the rebound, but eventually die due to too large sell-off. On the contrary, * ST too light because of the amount of down in the process of energy release full, stock prices was stronger than the same period * ST Qinling. Second, is to look at the size of Liu Tongpan. With larger decreases in small-cap stocks are often stronger than the trend of large-cap stocks because such stocks because of Liu Tongpan small, pulled up the amount of funding is not needed, easy to get the main favor.
Finally, the plate effect is the stock oversold bounce "booster." Recently, disk shows that the concept of environmental protection has been significant incremental capital stock care, the overall trend is far stronger than the broader market. This is mainly due June 4 the State Council issued "Regulations on the issuance of a comprehensive energy reduction program of work notice" to the energy-saving work of the new emission reduction requirements; June 5th National Development and Reform Commission has officially announced that "China National Climate Change Program "and the recent water crisis in Wuxi Taihu Lake, but also so that people began to pay attention to environmental issues. In this vein, to benefit from policy support of environmental protection concept stock has a great imagination. In addition, the recent "High Transmission and Distribution," Han Quangu strong Jian Xian, and the price of the amount of cooperation. These "high Transmission and Distribution," Han Quangu, diluted will become the "Sino-cap, lower." And the current situation, introduction of a high proportion of listed companies in Transmission and Distribution Program texture are good, mostly a number of blue chip stocks, many of which there are certain subjects with individual stocks, such as asset injection and so on, which is even more help to improve its attractiveness.
Overall, although the basic stabilized broader market stabilized, but due to pre-plunge made the market environment is still relatively cautious, stock market outlook will be running the way higher vibration. In the stock has not really strengthened before the rebound for oversold stocks, investors can determine based on the above three aspects of the trend of strong and weak opponents in the position to be adjusted.
