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Perhaps in the coming months, the Shanghai Composite Index will still hover around 4,000 points, and it is not impossible for your stocks to fall by more than 30%. This statement is not entirely alarmist, as with the spread in April...
Perhaps in the coming months, the Shanghai Composite Index will still hover around 4,000 points, and a drop of more than 30% in your stocks is not impossible. This statement is not entirely alarmist. As the traditional April crash season approaches, many problematic stocks will be moved to the ST (Special Treatment) board. Once a stock enters the ST category, it is at least subject to 5-6 consecutive daily limit-downs. Gradually, the stocks with deteriorating technical patterns are being cleaned out. There are two main signs of a deteriorating pattern: 1. Looking purely at candlestick charts, stocks that have long since broken below the 20-day and even the 60-day moving averages, and are continuously declining daily, are likely to have underlying issues we don’t know about. Transferred from the internet.