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Hexun Information Xu Xin: Large volume surge, hundreds of stocks hit daily limit, May 11 afternoon forecast
May 11th, Hexun Information’s Xu Xin stated that last week’s video reminded that 4197 is not the high point, and it would be broken this week. Today, it opened high and moved higher, with a volume of 338.2 billion, reaching near 4219. If you pursue high accuracy, you might want to follow. Now many people say that volume expansion indicates a sky-high volume, and extreme emotions mean a top is near, but this is really nonsense—The Shanghai Composite Index is still a healthy upward trend with volume and price rising together. Don’t look bearish or judge until the 5-day moving average is broken. The main market themes are still technology and AI, which has been repeatedly emphasized throughout May. As long as the main theme is not retreating and remains above the 5-day moving average, and the demand for AI infrastructure continues to grow, the index can continue to rise along the 5-day line, maintaining the technology-led pattern.