#stock#​#Ashare#​The market fluctuated and adjusted throughout the day on Friday, with the GEM index leading the decline. On the market, the resource sector, which is expected to have positive interim results, performed strongly, with lithium mining, cultivated diamonds, chemical

2024/05/0911:46:33 finance 1948

#stock#​#Ashare#​The market fluctuated and adjusted throughout the day on Friday, with the GEM index leading the decline. On the market, the resource sector, which is expected to have positive interim results, performed strongly, with lithium mining, cultivated diamonds, chemical - DayDayNews

Market turnover on Friday remained above one trillion. Technical analysis of the broader market: The market diverged from the top for the second time on Thursday, and formed a 120-minute top structure for the second time on Friday morning. The top structure is not related to the single-day negative line. Sometimes there is a single-day negative line at the top but no structure. There is no standard for selling at this time, and it is impossible to determine whether the negative line is the top negative line. The structure is used to determine the high and low points. If this is the high point of this rising wave, a single-day negative line needs to appear within three trading bodies, otherwise there will be recurrences. It is judged that the top structure is tending to form, and the band adjustment has begun.

In short, the current market situation near 3400 points controls the total position . Each sector requires a detailed analysis of specific issues . Just like some recent tourist attractions, after the hotel and catering has increased for 5 consecutive days, institutions may be eager to get involved. Just run away, but the majority of investors are always reluctant to let go of a sector, and even chase the rise and kill the fall. The market is more of a structurally differentiated sector rotation.

As the market enters July, there may be a change in style. The automotive sector, which previously led the gains, is the first to fall back. Institutions or active funds may tend to companies with performance growth. With the sharp rise in photovoltaic, wind power and other sectors, the market may emerge in new hot directions. , after the disclosure of interim results, many listed companies may diverge. A group of companies' profit growth will have a bottom effect in the middle of the year. With the subsequent repair of balance sheets, the marginal effect of profit growth will improve, and stock prices will also be repaired. , pay attention to the opportunities for supplementary growth in semiconductors, military industry, consumer electronics, and large consumer goods.

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