Hexun Information Zheng Zhenhua: Interpretation of the Index Rebound Target, Technology is the Biggest Opportunity!

SadMoneyMeow · 2026-04-08T10:38:29+00:00

On Wednesday, major indices surged significantly. Zheng Zhenhua analyzed that the rebound target is at 4,000 points. If there is a divergence in trading volume, consider reducing positions. Currently, the oversold rebound in tech stocks is the main opportunity, and attention should be paid to leading stocks with strong performance.

SadMoneyMeow

2026-04-08 10:38:29

Abstract generation in progress

On Wednesday, major market indices surged higher on heavy volume—where is the target for the rebound? After a big rally, is it time to add or to subtract? Technology and gold both jumped sharply—below, which sectors could become the new hot spots?

According to Hexun Information’s Zheng Zhenhua, he will focus on three points. First, on Tuesday it was clearly stated that April 8 is an important turning-point window. Today’s index delivered a bullish engulfing day as expected. The rally is mainly the result of a resonance between the easing of the Middle East situation and the market slightly dipping then rebounding. 3,800 points is an important bottom for the first half of the year. Second, the first target for the rebound is to look at 4,000 points. Under normal circumstances, reaching the 4,050 area would be an important resistance zone. At that time, if volume shows divergence, it would be possible to make some “subtractions.” But the trend has already reversed; after a pullback, it is still an opportunity.

Third, among technology stocks, the selloff in March was the largest. Now, the most significant hot spot is the oversold rebound, especially for some high-quality beaten-down stocks with good performance—where industry leaders combine with technical oversold “wrong” selloffs. There are still many opportunities. Everyone should maintain a big-picture mindset and patience to hold the high-quality positions at the bottom.

(Editor: Shao Xiaohui)

     【Disclaimer】This article only represents the author’s personal views and is not related to Hexun. Hexun’s website remains neutral toward the statements and opinions expressed in the article, and does not provide any express or implied guarantee regarding the accuracy, reliability, or completeness of the content included. Readers are requested to use this information only as a reference and bear all responsibility themselves. Email: news_center@staff.hexun.com

Report

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.