China Unicom: There must be a reason for the intervention of large funds. Is the market related to telecommunications and when will it start?

2021/09/1119:27:05 finance 331

China Unicom

China Unicom: There must be a reason for the intervention of large funds. Is the market related to telecommunications and when will it start? - DayDayNews

daily K-line chart

China Unicom can see from the daily K-line chart that the stock gapped and opened low on January 4th and started to increase heavily in the next few days. The amount of volatility can also be very large, indicating that there is a large amount of money entering the market to eat the chips. After the main force has got a certain amount of chips, they will start to kill and wash the plate to continue to attract money. When the callback is adjusted, the amount can be significantly reduced. After the amount, the main force jumped up, and then oscillated in a box. Up to now, the gap has not been covered. It shows that it is very strong. Let's look at the performance of the chips. Starting with the big money entering the market, the chips are fast Move down from the top to the box section, forming a single-peak dense form.

During the box shock , each time it is pulled up, the volume will be increased and the shrinkage will be adjusted. It is obvious that the main force is washing the disk, and the long shadow line appears many times when it is called back to the bottom edge of the box. This position is very supportive. Affected by China Telecom’s listing, the day before the listing, there was a gap in large volumes. It may be that short-term funds wanted to bet that Telecom’s listing would drive China Unicom’s rise. Major funds have already come in. How could they succeed? Sure enough, China Telecom skyrocketed on the day of listing. China Unicom opened low and traded large amounts of Yinxian. Short-term funds were severely strangled by the main force. After that, 6 small-shrinking cross-star K-lines appeared in a row to arrange sideways. The main force of was highly controlled by . Started to keep zooming in.

China Unicom: There must be a reason for the intervention of large funds. Is the market related to telecommunications and when will it start? - DayDayNews

Weekly K-line chart

From the weekly K-line chart, the stock price has been suppressed by the downward trend line and has been falling. In June of this year, the volume broke through the trend line, and the subsequent callback failed to break this downward line. Trend line, pressure becomes support, recent volume can be moderately amplified, standing above the 20-week moving average, 5, 10, 20, and 30-week moving averages are glued, 5-week Jincha 10-week moving average, MACD Jincha, KDJ Jincha.

China Unicom belongs to the concept of reform of state-owned assets of central enterprises and the initials in Chinese. The sector is rising rapidly. China Unicom is still in shock. There must be a reason for the intervention of large funds. I predict that there will be a big market. Is it now or in the future?

The future factor is telecommunications. Because China Unicom and telecommunications have built and shared in-depth cooperation, will there be a newer and larger cooperation model in the future? Telecom enters the A-share market. After the telecom green shoe mechanism fails and crashes, the two start together? My thinking is very rich.

solemnly declare: the above are only personal opinions. The individual stocks involved in the article do not constitute trading reminders. They are only for exchange and learning. If you like, I hope you will pay more attention, like, and forward. Your support is the driving force for my creation, thank you Everyone!

.

finance Category Latest News