Shenzhen market analyst Wang Zhangliang pointed out that the market experienced a surge in volume last Friday, with the Shanghai Composite Index closing at a year high and the price trend breaking expectations. In addition, the significantly increased trading volume also increased the certainty of the trend. The two sectors, finance and real estate, are the main forces driving the overall market up with volume. The strengthening of AI optical modules and other sectors has strengthened emotions. After the short-term index continues to shrink and fluctuate, it chooses to increase its volume in an upward direction, while sectors are driven by both low and strong logical sectors. If the Shanghai Composite Index confirms a breakthrough, which means it can stand at 3100 before the holiday, then the post holiday target is expected to reach 3250. This is a purely technical measurement, and further tracking and observation of the market conditions are needed in the future. In terms of sectors, we will continue to focus on strong financial, real estate, and other news driven themes in the short term.
Related News
The 7th CIIE | “Silk Road E-commerce” Cooperation Pilot Zone Formed 10 Institutional Innovation Achievements
Shanghai, November 8 (Xinhua) — It was learned from the 7th CIIE Supporting Event – “Silk Road E-commerce” Cooperation Innovation…
Chen Yu: Buffett’s reduction of holdings in Apple may just be the beginning | the first move
On May 4th local time, Berkshire Hathaway’s annual shareholder meeting was held in the small town of Omaha, USA. During…
Accelerate market integration and release the second batch of rule linkage mechanism docking cases in the Greater Bay Area
The Greater Bay Area has announced the second batch of “Typical Cases of Guangdong Province Promoting the Connection Mechanism of…