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Hexun Investment Advisor Li Yongxi: The index will launch an attack toward 3990 points, and a hundred-point long rally is worth looking forward to.
On April 1, Xunyi Investment Advisor Li Yongxi said that whether the afternoon will deliver a “100-point big bullish candle” depends mainly on whether it can break through the 3,955 level. After breaking through, the market may run smoothly without obstacles. Remember that in yesterday’s livestream I mentioned 3,908 as an important level; the last 2 to 3 points of price action were influenced by margin trading. Today, the stock opened higher in the early session directly. Friends who added to their positions yesterday should already be in profit. So why not rush to sell in the morning? Think about it: after the market opens higher, the first reaction among retail investors is often to sell first, then buy back at the low point, while the main players are precisely taking over near the high-level K-line area. After all, at this moment selling amounts to “high selling,” and the “low-buy” chips are also unlikely to make money, so everyone shouldn’t make reckless moves. At present, the 3,955 gap has not been effectively broken. Only by breaking through this gap will the market become unimpeded. Why hasn’t it broken yet? First, trading volume hasn’t been released to its absolute extreme. Second, retail investors’ high-selling sentiment hasn’t reached its peak, so the market is showing sideways and range-bound consolidation. However, in the afternoon, the 3,955 level will very likely be broken. The index will launch an attack toward 3,990, and the “100-point big bullish candle” is worth looking forward to.