Today, the A-shares are performing quite strongly - the market has pumped with higher trade volumes and formed a bullish line. At this rate, it might really be a turning point.
First, let's talk about the data. As of now, the main indices are all in the green, with the market rising more than 1.1%, standing above 3880 points. The Sci-Tech Innovation Board once surged by 2% (though it later fell back to 1.3%). The trading volume in the two markets is over 110 billion more than yesterday, with more than 4800 stocks rising. At this time, the bulls are basically pressing the bears.
I mentioned a judgment this morning: for the market to truly stabilize, the Science and Technology Innovation Board must return to an upward trajectory. Why? Because the Science and Technology Innovation Board has gathered a large amount of capital and popularity, and the profit-making effect is obvious. Additionally, the overnight surge of US stocks, including Nvidia and Tesla, is certainly a positive stimulus for the Science and Technology Innovation Board. From today's trend, this logic has indeed been realized.
Several noteworthy positive signals:
**Higher trade volumes have exploded**. The trading volume has increased significantly, which is the foundation for sustaining the rebound—without volume, it's just a fake drop.
**The Innovation Index Leads the Surge**. The Science and Technology Innovation Board and the ChiNext Board performed strongly today, representing the activity levels of retail investors and institutions. The Science and Technology Innovation Board inherently carries a popularity attribute; when it rises, the entire market sentiment is easily ignited.
If the higher trade volumes can continue in the afternoon, then this turning point may really stabilize.
However, that being said, one still needs to stay vigilant. If the banking sector suddenly gains momentum, it will have a significant suppressive effect on technology stocks like those in the Star Market (a typical seesaw effect). Currently, the banks do show signs of rising, while the enthusiasm on the Star Market has slightly cooled down. So don't rush to go all in; let's first see if it can stabilize in the afternoon.
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VitalikFanboy42
· 11-28 10:06
The Sci-Tech Innovation Board is a bit interesting this time, but I think we still need to wait until the afternoon to confirm whether the trading volume can hold up, which is the key.
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MEV_Whisperer
· 11-25 10:51
The Sci-Tech Innovation Board really took off this time, everything else is just illusion. The bank seesaw is back, which is quite annoying.
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AirdropHunterZhang
· 11-25 10:36
Oh no, the STAR Market is showing off again. Is this for real or is it going to plummet again? I bet it can stabilize in the afternoon.
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With such a surge in trading volume, it feels just like the kind of restlessness before an airdrop. Whether the heat is real or fake will depend on the performance later on.
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The seesaw effect is indeed a pitfall. Whenever the banks make a strong push, technology has to take a hit. My account has gone through this kind of back and forth too many times, haha.
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Don't go all in, bro. My bloody lessons came from that. Reinvesting and reinvesting, in the end, there's only rein...
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This position at 3880 points feels a bit familiar. I've been played for suckers here several times before. Is this a real breakout or a false breakout?
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The trading volume at this level is indeed interesting. At least it's not the kind of fake heat, just quietly watching the market is enough.
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BridgeTrustFund
· 11-25 10:32
The Sci-Tech Innovation Board is really interesting this time; if the trading volume keeps up, it will be stable. The banks are a bit frustrating with their seesawing.
Today, the A-shares are performing quite strongly - the market has pumped with higher trade volumes and formed a bullish line. At this rate, it might really be a turning point.
First, let's talk about the data. As of now, the main indices are all in the green, with the market rising more than 1.1%, standing above 3880 points. The Sci-Tech Innovation Board once surged by 2% (though it later fell back to 1.3%). The trading volume in the two markets is over 110 billion more than yesterday, with more than 4800 stocks rising. At this time, the bulls are basically pressing the bears.
I mentioned a judgment this morning: for the market to truly stabilize, the Science and Technology Innovation Board must return to an upward trajectory. Why? Because the Science and Technology Innovation Board has gathered a large amount of capital and popularity, and the profit-making effect is obvious. Additionally, the overnight surge of US stocks, including Nvidia and Tesla, is certainly a positive stimulus for the Science and Technology Innovation Board. From today's trend, this logic has indeed been realized.
Several noteworthy positive signals:
**Higher trade volumes have exploded**. The trading volume has increased significantly, which is the foundation for sustaining the rebound—without volume, it's just a fake drop.
**The Innovation Index Leads the Surge**. The Science and Technology Innovation Board and the ChiNext Board performed strongly today, representing the activity levels of retail investors and institutions. The Science and Technology Innovation Board inherently carries a popularity attribute; when it rises, the entire market sentiment is easily ignited.
If the higher trade volumes can continue in the afternoon, then this turning point may really stabilize.
However, that being said, one still needs to stay vigilant. If the banking sector suddenly gains momentum, it will have a significant suppressive effect on technology stocks like those in the Star Market (a typical seesaw effect). Currently, the banks do show signs of rising, while the enthusiasm on the Star Market has slightly cooled down. So don't rush to go all in; let's first see if it can stabilize in the afternoon.