Category: Money tips Release Date: 2006-08-30
Source: Ningbo Shun Authors: WANG Li-Jian
Broader market decline Wednesday there ascribed to shocks finishing trends. Stock continues rebound in the past few trading days inertia, continued after the shock opening up, but after several times of the spikes, and not been able to be truly effective resistance to the impact of 1630 points in the vicinity of the location one hour before Yao City stock index fell there a more obvious, After the final shock is still close to the green disc. Date Line pulled out a small Yinxian volume 15.57 billion yuan, essentially flat compared with the previous session.
From the disk of view, the performance of financial stocks is more prominent, G Hongyuan, G CITIC quickly soared to drive G Zanthoxylum nitidum, G Younger, G Ning tech-related stocks such as strength, G China Merchants Bank also hit a new high Diego, and then to a large extent makes the recent market to remain relatively strong. To G Chang-Lin, represented by engineering machinery stocks also rebounded more obvious trend, and other recent performance has been good medicine stocks also continued to show a rebound trend. In addition, blue light technology, optoelectronics shares represented by Haihong holding tech stocks rebound there is a clear trend, thus largely active in the market sentiment, also contributed to a rebound in stock. However, because there is a clear non-ferrous metal stock plate to adjust the shock, the Shanghai local unit there is a clear drop in the overall plate petrochemical stocks retreated, thereby hindering further recovery trend in stock.
From the trend perspective, the stock still in shock panel finishing, Qian Liu integer to break through checkpoints and 20-day moving average, the index failed to re-up the impact of heavy volume in the vicinity of 1630-point resistance. Stock can be seen in the panel is still choppy tone. From the average point of view, five antennas and 10 antennas have been wearing a 20 on the passive antenna, index remained at the top of the shocks in the short-term moving average operation, illustrate how the market remained at a relatively strong short-term situation, but from the short-term moving average index is not large, still the possibility of the existence of below, that is, there are still further weakened short-term possibility.
From a technical indicators, the current index in the BOLL trajectory in the vicinity of repeated shocks, BOLL openings began to go flat, indicating the market is still in the process of directional selection. However, if the stock and then again near the shock, the delay can not produce a breakthrough heavy volume up, it is likely there will be re-adjusted trend.
So for investors, the market outlook still waiting to see temporarily, on the author's point of view the market outlook still believe that over the shock is followed by adjustment requirements.
