Hexun Information Zhao Bingyi: There is still room! Short-term correction is acceptable

May 12th, Hexun Information’s Zhao Bingyi stated that if price and volume rise together, it can naturally be viewed more optimistically, but the closing review yesterday clearly mentioned that after 3 o’clock, all indices showed small double-top characteristics, which indicates insufficient capital strength. Based on this, if today opens with a surge, it is often the intra-day high point, a good point for high selling, and this was already confirmed by the small double-top at the end of yesterday’s session. Regarding software services, the daily range from 0 to 100% has already been completed; a pullback is normal, but I believe there is still a chance to fill the gap upward. The key is whether the 60-day moving average can hold today—if it can support, there is still a chance for a divergence rebound; if it cannot hold, then wait for now. I also told everyone before that there is no perfect operation; the 0 to 100% range is a safe zone, but beyond 100%, it’s a matter of taking a gamble. If successful, you can gain a larger space; if it fails, you will give back gains. Everything is probabilistic.

(Chief Editor: Zhao Yanping HF094)

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