May is off to a good start, the Shanghai Composite Index effectively stood on the annual line and effectively stood on the 3100 integer mark, which is a more ideal and satisfactory trend, a very important feature of this week's market trend is that the short-term moving average has initially formed a bullish arrangement, which is a good sign.
A while ago, the market repair market has had good signs, for example, the Shanghai Composite Index semi-annual line began to turn around, and for example, the 60-day moving average crossed the semi-annual line upwards to form a golden cross, and for example, the annual downward rate began to slow down. Nowadays, the 5-day, 10-day, 20-day, and 30-day short-term moving averages are in a bullish arrangement, and this kind of swing seems to have an invisible hand in the market to control and guide, how did this line and that line come about? I guess it was drawn with money.
How should the textbook version of the fix market go on? Now that the 5-day and 10-day moving averages have crossed the annual line upwards, the ideal direction is the next 20 and 30 days...... A moving average has crossed the annual line upwards until the half-year line has also jumped to the annual line, then the market will be full of bullish sentiment, a round of bull market will be vigorous, will such a textbook description appear? It should be a very probability, and now the trend of two steps forward and one step back, three steps back and two is in this process. I hope that this process will go smoothly and not die halfway.
In the first week of May, IPOs and convertible bond refinancings on the three exchanges were silent, with no issuance, no listing, no issuance review committee, no registration approval, although no IPO cessation was never announced. Interestingly, there are such situations in the information column of the three exchanges: the queuing companies, the companies that have passed the meeting, and even the companies that have obtained the registration approval are stopped, and there are two expressions of stopping, one is called suspension, and the suspension has the opportunity to start again, and the other is called termination. According to the new rules, the companies that have not yet been listed will be sorted out, and at least 20% of the companies in the queue will be cut.
The supply and demand relationship of the stock market is similar to the supply relationship of the vegetable market, the supply of ingredients is less, the price of ingredients will rise, and now we should pay attention to how long this faucet will last, and whether the length of time is correlated with the rise and fall of stock prices, which is a very important point to watch.
While tightening the faucet, it is also important to strictly supervise the existing companies. Now some companies not only belong to the kind of "old fritters" company, but also rotten to the point of shamelessness. The person in charge of the GEM company *ST Meishang, which has been listed for 9 years, is ashamed to admit that the company is fraudulently listed in the face of the regulatory authorities. The issue price of this company was 31.82 yuan 9 years ago, and it was speculated at 153 yuan, and now it has fallen to 0.12 yuan. Junk stocks hurt the market and what will be the result of the final punishment, this *ST beauty will be a benchmark.
In the last half of this year, the stock market is still in the repair of the market, after breaking through the annual line, the trend of the upward arch is more rational, and every time a high point is created in the upward process, it will be pulled back, which means that the market in the second half of this year will be more optimistic. In the tortoise and rabbit race of individual stocks, the rabbits that have made a profit can let go to catch those rabbits that are still dormant, it is the spring sowing season, and I hope that the autumn harvest season can bring fruitful results to investors.
The author of this article, Mr. Ying Jianzhong's course "Investment and Financial Management", has been settled in the member service area of "Yicai Knows", click on the "
Author: Ying Jianzhong
Editor: Xu Jinhua
Producer: Wang Junji
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