Hexun Investment Advisor Li Yongxi: After a rebound, how to reduce positions?

robot
Abstract generation in progress

On March 26, Li Yongxi from Hexun Investment Advisory stated that Friday might see a direct rebound. Whether to reduce positions after the rebound is the key issue. I have been reminding everyone to wait for critical levels, such as 3,880 points. Today, during the late trading session, the index retreated to 3,880 and closed at 3,889, indicating capital inflow. So why were both trading volume and stock prices suppressed today? Simply put, the main force “targets three birds with one stone”: during the pullback, making investors think the market is heading downward again. Because everyone was optimistic yesterday, I warned that today would see a split market with some decline. This morning, the market surged only slightly, with many stocks falling, but not many with large declines. This is the key to today’s market. So, did the main capital flow into the market at the end of the day? Clearly, there was support, or there wouldn’t be a final rebound at the close. Therefore, a rebound on Friday is a certainty. Should we reduce positions? My advice is to reduce. Because if the market completes its rebound on Friday, stocks with large gains won’t rise much the next day, while stocks with smaller gains may see their gains expand. So, for stocks with high gains, it’s wise to reduce positions to avoid potential increased divergence in next week’s market.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin