digital global currency Top Block

Wednesday afternoon comment: no need to wait, the disk is very clear, and it will definitely rise and fall back in the afternoon!Judging from the market performance in early trading, many parties tried to launch a relatively strong offensive after the opening. Some hot sectors have risen rapidly surrounded by funds, such as the new energy sector, which has been blessed with favorable policies in the near future. The share prices of some leading photovoltaic and wind power companies have once risen rapidly, driving the index to rise slightly. This is mainly because a series of recent plans on new energy development, including increasing subsidies for clean energy power generation projects and promoting the research and development and application of new energy storage technologies, have raised the market's profit expectations for new energy enterprises, thus attracting the attention of many investors, and funds have poured into relevant stocks.However, it seems that this upward momentum has not been sustained and effectively supported. In the process of early trading, although the volume of transactions has been enlarged to a certain extent, it has not reached the order of magnitude enough to support the continuous upward breakthrough of the market. It's like when a car is climbing a hill, although the engine is roaring, the power output is not enough to make it climb to the top smoothly. From a technical point of view, the current market index faces the suppression of multiple moving averages above, such as the 60-day moving average and the 120-day moving average, which are like checkpoints and form strong resistance when the index goes up. When the stock price is close to these moving average positions, it often leads to a lot of selling. Just like a solid line of defense when marching and fighting, it is difficult for an attacker to break through without enough troops and strategies.

Wednesday afternoon comment: no need to wait, the disk is very clear, and it will definitely rise and fall back in the afternoon!However, it seems that this upward momentum has not been sustained and effectively supported. In the process of early trading, although the volume of transactions has been enlarged to a certain extent, it has not reached the order of magnitude enough to support the continuous upward breakthrough of the market. It's like when a car is climbing a hill, although the engine is roaring, the power output is not enough to make it climb to the top smoothly. From a technical point of view, the current market index faces the suppression of multiple moving averages above, such as the 60-day moving average and the 120-day moving average, which are like checkpoints and form strong resistance when the index goes up. When the stock price is close to these moving average positions, it often leads to a lot of selling. Just like a solid line of defense when marching and fighting, it is difficult for an attacker to break through without enough troops and strategies.Based on the above factors, it is very likely that the disk in the afternoon will fall back after the high. It is difficult to organize an effective counterattack again if there is no new major good news after many parties' early offensive attempts are frustrated. The empty side may seize the opportunity of multi-party power failure and increase the selling intensity. In particular, those investors who bought at the high point in early trading may choose to sell first once they find that the stock price is weak, which will trigger a chain reaction and lead to an accelerated decline in the stock price. Just like dominoes, one fell down, causing a total collapse.

Judging from the market performance in early trading, many parties tried to launch a relatively strong offensive after the opening. Some hot sectors have risen rapidly surrounded by funds, such as the new energy sector, which has been blessed with favorable policies in the near future. The share prices of some leading photovoltaic and wind power companies have once risen rapidly, driving the index to rise slightly. This is mainly because a series of recent plans on new energy development, including increasing subsidies for clean energy power generation projects and promoting the research and development and application of new energy storage technologies, have raised the market's profit expectations for new energy enterprises, thus attracting the attention of many investors, and funds have poured into relevant stocks.Wednesday afternoon comment: no need to wait, the disk is very clear, and it will definitely rise and fall back in the afternoon!Based on the above factors, it is very likely that the disk in the afternoon will fall back after the high. It is difficult to organize an effective counterattack again if there is no new major good news after many parties' early offensive attempts are frustrated. The empty side may seize the opportunity of multi-party power failure and increase the selling intensity. In particular, those investors who bought at the high point in early trading may choose to sell first once they find that the stock price is weak, which will trigger a chain reaction and lead to an accelerated decline in the stock price. Just like dominoes, one fell down, causing a total collapse.