Boyang Home Textiles Flagship Store takes the lead

by ncoiffze on 2012-02-27 15:47:44

On Tuesday, the main board failed to continue its rebound and instead chose a downward oscillation consolidation trend under the negative impact of unfavorable news. During the session, the Shanghai Composite Index broke through the support of the 60, 5, and 10-day moving averages, and also breached the 2300 integer关口, indicating that daily oscillation consolidation would continue. Therefore, later this week, if the stock index continues to probe and consolidate to the position or support of the 30-day moving average and the 5-week line, it will be a good opportunity for low absorption. Investors are advised to pay attention and seize the opportunity. In general, Brother Guang's analysis suggests that the market is still in a short-term post-holiday rebound trend. If there is an adjustment later this week and the support below is broken, then reduce your positions, be mindful of risks, and maintain a light position for observation. If there is support, you need to boldly grasp the opportunity for low absorption.

On Tuesday, the stock index opened lower and closed lower, showing a one-sided downward trend throughout the day. The weight sectors were universally weak, and both markets closed with medium-sized losses. There was no sector increase, and individual stocks showed more declines than increases. The market has turned to adjustment, and trading volume contracted synchronously from Monday!

For specific trend analysis, please continue to lock on to Brother Guang's daily live broadcast tracking interpretation. This year, Brother Guang's live broadcast will focus on tracking individual stock segment interpretations. Everyone is encouraged to pay close attention. See you at tomorrow's live broadcast! In yesterday's analysis, Brother Guang already pointed out that currently, the Shanghai Composite Index is facing the downward trendline pressure since the 3067 point, causing the stock index to retreat and consolidate. Relatively speaking, the short-term rebound momentum has been countered. Subsequently, during the adjustment, the support below lies at the 30-day moving average and the 5-week line. From the current performance and trends of individual stocks, Brother Guang analyzed that the overall position support appears to have strong supporting capabilities!

From the overall trend analysis throughout the day, the overall market was dominated by the selling pressure, which held the advantage. Yesterday's strong cement and building materials sectors weakened again today. Non-ferrous metals, financial real estate, and securities all fell sharply, especially the securities sector, which ranked first in terms of decline, dragging down the entire securities sector. The movement of the heavyweights also severely dragged down the stock index.

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