Chapter 163 Calculation of Downside Targets
Ding Xu shook his head and said with a wry smile: "This is actually not surprising, if you can't make new shares, not only will those companies waiting to be listed have a stomach full of complaints, but the senior executives will also feel that the stock market has lost the function of financing and drawing blood, and they are also under great pressure." So as long as the stock market goes up by 1o-2o%, they will try to push new shares. ”
"If the news is true, it is really a bad decision. The market has just stood firm, and this news will deal a fatal blow to the market! A lot of the main money will choose to cash out and run away, which is a very bad thing. ”
Qi Fei sighed, "Judging from today's closing situation, the Shenzhen Component Index once again fell below the 5-day line, and short-term indicators, such as the 15-minute and 3o-minute indicators, have appeared in a bearish arrangement, and the bulls have temporarily lost to the bulls." Of course, the overall uptrend of the broader market has not yet been broken. If the top management clarifies the news tonight, or there are other substantial positives, the market can be rejuvenated again. If not, pay close attention to see if the ascending trend line is broken. ”
"Shanghai or Shenzhen?" Ding Xu asked.
"The Shenzhen market is more real. In addition, there are three consecutive gaps in the Shenzhen market, which is more risky, so be sure to closely observe the upward trend line of the Shenzhen market. Qi Fei said as a picture came up.
The low of 5855 points on November 7, and the lows of 639o points and 6433 points on November 25 and 26 formed an upward trend line.
Qi Fei's advice is to pay close attention to the support strength at the lower band of the ascending trend line. Will it be broken.
"As long as it doesn't fall below. There is no need to panic. If it breaks, consider liquidating your position and wait patiently for the next swing opportunity to arise. Qi Fei said seriously.
"Half immortal, didn't you say that you would wait for the market and buns to fall below the 2O daily moving average before considering leaving?" Tian Hanxuan asked suspiciously.
"That's what is usually done, which means that the 2o or 3o daily moving average is used as a take-profit target before the uptrend is broken. However, if the ascending channel is broken, it usually means that a larger downward wave will occur, and this downward target can be calculated. Naturally, we should avoid it, at least we can do t to reduce costs. Qi Fei explained.
"Oh? How is it calculated? Teach me. Tian Hanxuan suddenly became interested.
"Quite simply, after the upward trend line is drawn, the vertical distance between the peak of the stock price and the trend line is measured, and then the same distance is measured downward from the point where the trend line is broken, which is the target price level of the forecast. This refers to individual stocks, but the broad market index is basically the same. ”
Qi Fei explained, "Of course. This is only a theoretical target and the lowest expectation. In real combat. There are often cases where the stock price stops falling above the downside target price, and there are also cases where it continues to decline after falling to the target price. Regardless, technologists like to quantify targets, and having a specific downside target can help them decide whether to enter the market or not. ”
"So if the Shenzhen Component Index falls below the uptrend line, where will it fall?" Dandan asked a question that everyone was concerned about.
"Let me do the math. In this wave of market, the highest point of the Shenzhen Component Index is 7585 points, and the corresponding trend line position is near 7o17 points, 7585-7o17 = 568 points. Assuming that it falls below the ascending trend line tomorrow, then the point below the trend line is about 7227 points, 7227-568 = 6659 points, and this 6659 points is the theoretical downside target level. Qi Fei calculated, and then came to a final conclusion.
"It's going to fall so much, I'm scared to pee!" Dandan exclaimed, "Then let's hope that tomorrow we won't fall below the uptrend line." ”
"I hope so." Tian Hanxuan echoed.
"Let's see what news comes out in the evening, it's best to refute the rumors at the top, saying that there is no plan to launch a new stock IPO, or to come to individual benefits." Qi Fei smiled, "Fortunately, I took a look, Baozi's stock price is still far from the lower band of the upward trend line, and it won't fall there for a while and a half, unless it falls to a limit." ”
The low point of Baotou Iron and Steel Rare Earth on November 7 was 5.66 yuan, which was connected with the low point of 6.81 yuan on November 28, forming a clear upward trend line, and the current lower track is near 7.6 yuan, while today's closing price is 8.55 yuan, and there are more than ten points away.
"Bah, you can't talk nonsense!" Cherish a little anxious, and hurried a picture of the God of Wealth sprinkling gold ingots, she called this Chongxi.
Today, Baotou Iron and Steel Rare Earth fell by more than 5 points, which has made the group members of the miracle group uncomfortable, if it really comes to a fall limit, I don't know how many people will be so sad that they can't sleep.
Qi Fei also realized that he had said the wrong thing, and hurriedly snorted: "Don't worry, the buns will rise sharply tomorrow!" ”
Cherish this and be happy.
However, as soon as the news came out in the evening, everyone was not happy.
After waiting for a night, the report that everyone was expecting a high-level clarification and explanation of the news of the upcoming IPO of CNR still did not appear. As a result, the market believes that the senior management is acquiescing to the news of the upcoming IPO of CNR shares, which further increases the market's concern about the opening of the new stock bank.
"It seems like eight times out of ten. Nine, the top management is planning to make new shares! Today, they will first use two tabloid reports to blow the wind and test the market's reaction. Seeing that the Shanghai and Shenzhen markets have not fallen too hard, they simply made a default. Qi Fei lamented, "What's worse is that there are new downsides, which is really worse!" ”
Qi Fei's negative comes from the sea. Close. Total. According to the news released by the Agency, the export value in November fell by 2.2% from a year earlier, the first decline in exports since June 2oo1. It also grew by 19.2% in November and nearly 26% in November last year, and the decline in November contrasted sharply with the strong growth momentum in November.
This figure may indicate that China's economic slowdown is entering a more severe new stage, which not only exacerbates the global economic downturn, but also brings new challenges to Chinese companies and workers, and has a significant negative effect on the stock market.
In addition, the U.S. stock market also closed lower on the 11th, with the Dow Jones closing down 2.24%, the lowest closing point of the week. The S&P 5oo fell 2.85%. The Nasdaq Composite fell 3.68%.
"If it is when A-shares are strong, the sharp fall in the U.S. stock market basically can't affect A-shares, but at present, A-shares are beginning to fall, and there are negative rumors of new stock restarts, as well as the negative of declining exports, plus the U.S. stock market plummeted, A-shares are likely to fall." Ding Xu interpreted it like this.
Sure enough, on December 12, there was a panic gap in the market.
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Thank you very much for rewarding you as the 13th leader of this book, and welcome to the big family of miracles. This chapter is more owed, and it will be made up later.
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Statement,It's not intentional.,It's that I've been coding words very late every day lately.,Often it's almost 12 o'clock at midnight to update.,Disk analysis can't be written before 12 o'clock.,Forgive me.。 (To be continued!)
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