The SZSE Component Index 6/5/22The SZSE Component Index is an index of 500 stocks that are traded at the Shenzhen Stock Exchange (SZSE). It is the main stock market index of SZSE.
Price reached Fib ( 0.618 )
Price reached Weekly FVG
Good opportunity of long position.
+41.5% if price reached first red line
Good Luck Trader💯💯
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🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice
🧅JUST AN OPINION OF THE ONION.🧅
Szse
The Biggest Head & Shoulder in History ?!! This is a new idea, two channels I'm closely watching on SSE.
I wouldn't be surprised that GEM will even hit new highs in the Although the outbreak coronavirus has hit A-shares hard, the performance of the GEM can be described as stunning. In fact, from last year I have been recommending THE GEM, because TMT completely out of the bear market, then what will be done next? You can refer to the trend of the Shanghai Composite Index in 1996, and for the GEM, I think that the year to overcome 2000 points is still a small goal.
Recommendations: low-buying technology stocks-based segment industry leader, mid-line look 5g, integrated circuits, Internet of Things upstream, food, biopharmaceutical, new energy is still a hot spot
How to grasp the slow bull trend of gemAbout the a-share rise logic, I have a lot of analysis before, you can look at the previous article, do not repeat. Talking about the slow bull logic of the GEM, last year I was saying that the trend of GEM is completely and the Shanghai Composite Index deviated, so I think gem is a cross-year market. There is a lot of basis for this logic, and one is easier to understand - goodwill.
In 2017, steel, coal and other enterprises, by the reduction of inventory, a large amount of inventory, when many steel companies lost billions of dollars, many people shouted that the cycle stock is finished. But at that time I pointed out that the large calculation, is the loss behind the early digestion, so if the later impairment is not so much, equal to an increase in earnings. So look at cycle stocks such as steel and coal. The same is true of the latter developments. The 2018 GEM is a repeat, with many companies taking advantage of LeEco's thunder to make large-scale goodwill impairments on acquisitions over the past two years. In fact, impairment has been done, but before is amortization, last year is a one-time charge. This will allow the potential losses in the next few years to be digested ahead of time, that is, if those acquisitions are the subject matter, as long as they are still profitable, for listed companies are earned.
Based on this logic, I think the GEM has bottomed out, but the trade war in 2019 has disrupted the pace, leaving many companies with losses, masking the gains from the charges. But now that the trade war is suspended, it is undoubtedly a major boon for the GEM. So we'll see the rising space of the tech stocks open later.
Looking back at the current form, the GEM obviously out of the breakthrough market, but the small cycle of 5 waves is also into the end, so I think here slow bull market, should not be straight up, before the Spring Festival there is a adjustment, and the pressure here is mainly in 1900, 2000 points.
Suggestions
Plate, I personally will be optimistic about 5g and electronic components, these are the upstream of the Internet of Things, but also the basis, if in the initial stage, they will be the first beneficiaries, and then will be the mid- and lower-stream plate, the application side of the demand increased. Referring to this logic, we can choose the market segment leader, if there is a large amount of previous, the main industry does not have a problem with the subject matter, should be a good choice.
In 2020, A-shares will be the world's crown, take advantage of! I wish you all a Merry Christmas!