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Hexun Investment Advisor Liu Weiqi: A-shares Show Long Lower Wicks in the Short Term, Are Bulls and Bears Still in a Seesaw Battle?
This morning’s market adjustment was quite significant, but there was a bullish divergence at the bottom of the order book, along with a 60-minute level of stagnation, which triggered a rebound. Although this rebound was not very strong and lacked prominent hotspots, the long-legged candlestick suggests a potential stabilization.
Hedong Investment Advisor Liu Weiqi said, “I think there is a glimmer of hope, and it might be worth considering. However, since there are no hotspots and more than 5% of stocks have fallen, the uncertainty remains high. Overall, this correction is likely not over, but there may be a small short-term rebound. Just pay attention, it could be very brief.”
(Edited by Shao Xiaohui)
【Disclaimer】This article only reflects the author’s personal views and is not related to Hexun. Hexun.com remains neutral regarding the statements and opinions in this article and does not guarantee the accuracy, reliability, or completeness of the content. Readers should use it for reference only and bear all responsibilities themselves. Email: news_center@staff.hexun.com