Hexun Investment Advisor Su Ligang: Testing the Bottom and Rebounding - Has the Adjustment Ended or Is This a Repair During a Downtrend?

Another bottoming and rebound. To the family members who listened to my views yesterday, should you give a thumbs up and encouragement now? Yesterday, the average stock price broke below support. I told everyone to watch for a bottoming and rebound today. But the question is, what does today’s rebound indicate? Is the correction over, or is it just a rebound during the decline?

Huaxun Investment Advisor Su Ligang said, first, let’s qualitatively analyze today’s bottoming and rebound. At least it shows that some smart funds are willing to take risks to support the market, and these supporting directions are clearly all popular sectors, whether it’s technology like PCB, liquid-cooled servers, storage chips, semiconductors, or even satellite aerospace, data centers, and other trending areas. This is a very positive signal. Since there is a positive signal, does it mean that this correction has ended and a reversal is coming?

To clarify, we currently cannot make that judgment. Looking at today’s trading volume, everyone will understand. The volume today is clearly not releasing, which indicates that there are buyers supporting at this level, but there is no aggressive buying. This means that the market is still in the process of correction and recovery. Additionally, from another perspective, considering the current correction cycle, the time span is still not enough. The market may still fluctuate repeatedly at this level. It’s important to note that during these oscillations, each recovery tends to be rotational. But for today, we can already draw an early conclusion. From the perspective of the correction cycle, I believe we have already gone through three phases, and I personally think we are entering the mid-term phase of the correction. This means the new cycle’s direction is getting closer. Keep going, everyone.

(Editor: Shao Xiaohui)

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