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Hexun Investment Advisor Li Yongxi: Hold Positions With Confidence, Wait and See for Now
On March 24th, Hexun Investment Advisor Li Yongxi analyzed the sustainability of the light-headed bullish rally at 3880. That afternoon, as the market pulled back, he advised everyone to watch the intraday chart. The yellow line briefly broke through 3,900 points and even reached 3,940, but the white line ultimately closed with a light-headed bullish candle at 3,881 points. Some people think that since the trading volume didn’t increase, the market might fall at any time. However, Li Yongxi pointed out that this is actually a deliberate volume suppression “show” by the main players. The main players are not increasing volume to prevent retail investors from following the trend and buying in, which reduces the cost of pushing the market higher. Therefore, the upcoming recovery has the potential to be sustained. Today, Tuesday, the market trend is set; the recovery will take about three days to show signs of divergence. These three days are also a critical period to see if retail investors will adjust their positions or switch stocks. So, there’s no need to worry on Wednesday and Thursday; you can confidently hold your stocks. However, after Thursday, once the market diverges next week, individual stocks will behave differently—some will rise quickly, others more slowly. Therefore, Thursday and Friday are key moments to make adjustment decisions. During these days, it is recommended to stay put and not make major moves.
(Edited by: Cui Chen HX015)
【Disclaimer】This article only reflects the author’s personal views and is not related to Hexun. Hexun’s website remains neutral regarding the statements and opinions expressed in this article and does not provide any explicit or implicit guarantees regarding the accuracy, reliability, or completeness of the content. Readers are advised to use it as a reference and bear all responsibilities themselves. Email: news_center@staff.hexun.com