market continued to rise, it chose to adjust. The normal retracement before hitting the 3400 point of the -year line was actually healthier. The current position requires a switch to the hot track, profit taking needs to be cashed in, and a normal correction after the increase is too fast and too large.
The rise of stocks , the main track in the early stage, has come to an end for the time being. Funds will choose stocks with recovery in consumption, sector rotation, and focus on stocks with strong adjustment and potential to make up for gains. At present, the Shanghai Composite Index has exceeded the half-year line and is gradually approaching the annual line. After adjustment, it is just around the corner to break through the annual line pressure level.
Today I am paying attention to a stock in the textile and apparel consumer sector.
Huafang shares 600448, with a total market value of 2.4 billion yuan, with a circulating market value of 2.4 billion, and the closing price on the 1st was 3.81 yuan. The company is a leading enterprise in China's textile printing and dyeing industry and has comprehensive competitive advantages. It has a nationally recognized enterprise technology center, an engineering technology research institute, and a postdoctoral workstation. Mainly engaged in the production, processing, sales and import and export trade of cotton spinning, woolen spinning, printing and dyeing products. From a technical point of view, the stock is in the midst of a strong adjustment and has upside potential, so keep a close eye on dips in the short term. For reference only, the content of the article represents the author's opinion.
