Category: Money tips Release Date: 2007-02-06
Source: Anhui Emerging Author: Kang Shumin
Wednesday cities finishing tape out of the shock pattern, the trend day, 30-day moving average at the pressure of the more obvious, Zhongpanhuzhi to close at 1612 points, turnover of 15.5 billion a day, the index at 5, 10 and 30-day moving average Department stalemate.
Quotes from the day run, Wednesday callback meet resistance there is a clear trend, not because of the overall performance of broad market of blue-chip blocks is very poorly, nor is it a sharp dive in many individual stocks trend, and certainly not completely lost the vast majority of individual stocks and the plate was further up - ability to lead the market Wednesday meet resistance short-term upside is precisely the crux of a lot of individual stocks and the plate was a bit too active, multi-four attack without a clear orientation for rapid conversion of the disk hot spots and difficult to effectively stimulate the market popularity, investors enthusiasm is bound, therefore also subject to considerable constraints; in turn, that is, lack of market due to many hot intraday widespread recognition and participation, their effective strength of the upside as well as the sustainability and very problematic, and Once this situation occurs in the most popular trend in the stock, even the inability to fall, this trend gained momentum in the market would generate no small impact.
Disk observation, broad market leading blue chip varieties especially the Bank of China, G China Merchants Bank, G Pudong, G China, G composed of people's livelihood and the deep development of large cap banking stocks been quite steady all day, no one bank shares fell with the broader market indexes, the financial sector The G CITIC, love to build stock, G and G Hongyuan EMC, G Shan Guotou once more the formation of groups such as the potential rose; in stock pulled back slightly on the occasion of the upcoming on the market, the influential G-Baosteel, G Wuhan Iron and Steel, G, and G Anshan Maanshan Iron and Steel, G Shougang, etc. are side by side up, G long steel, G TISCO, G Tangshan Iron and Steel stocks also appeared in the same plate or table the forefront. However, they also like other popular stocks like the rest of the meet resistance the more obvious trend of the previous intraday Chong no doubt be regarded as deliberately to support the market's move, which will increase to a greater extent the market has recently finishing the possibility of Although this large group there is a big variable itself. In the broad-market index stocks when the overall strength of the real estate section has also created a large area up posture, in which considerable market influence of the G Wanke, G the grain land, G OCT, G Merchants and the "two bridges one mouth" and so on are not vulgar performance, while the non-ferrous metal stocks such as the G class bearing vanadium and titanium, G Bao Ti, G Pan titanium, G Dongfang Tantalum and other more impact to the daily limit, technology stocks have held up quite well.
Afternoon, the view from the index operation, even though the two cities under the broader market Wednesday was not wearing a slowly move up the 5-day moving average, but they are nothing but the harvest KLCI slightly longer upper shadow Yam Cross star, but in a very narrow range is there signs of heavy volume, indicating long-short differences between the two sides have been increased, and the Japanese portfolio, changes also are in favor of the short side direction, which means that the market is likely to be transferred to short-term trend in the short-term order operation, select stocks that short-term operation.
