Hexun Investment Advisor Liu Weiqi: Does trading volume support further rebound?

On March 27, He Xun’s investment advisor Liu Weiqi stated that the market held up against external pressure today, opening lower but quickly rising, maintaining a rebound throughout the day, with over 300 stocks increasing by more than 5%. However, unfortunately, trading volume shrank again, returning to around 1.8 trillion. Under these circumstances, can we determine whether this rebound can continue? I judge that starting next week, the rebound will be filled with uncertainty. After all, the market has rebounded for four days but still has not recovered the downward gap from Monday, which is also a weekly gap. Therefore, we believe that next week we must take it step by step, as the rebound may end at any time. However, even if this rebound truly ends and adjusts downward, I believe the downward space will not be too large, and instead, it may usher in the most important bottom-fishing opportunity of the first half of the year. Thus, next week is very critical.

(Author: Zhao Yanping HF094)

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