Hexun Investment Advisor Li Faliang: Next week will still focus on short-term trading, quick entry and quick exit

On March 21, Li Faliang from Hexun Investment Advisory said that electric power stocks continued to hit the daily limit today and were sold off high. Although there was a big plunge at the end of the session, he still holds a few electric power stocks and will continue to buy low and sell high. The overall market trend is very poor; he’s too lazy to watch it now. The index is around 3,950 points, with nearly 5,000 stocks in the market declining. The oil sector, which surged sharply yesterday, fell sharply today. Stocks that hit the daily limit yesterday are now hitting the daily limit down or even dropping significantly today. It’s hard to make money from buying the dips, and chasing the highs is even more difficult. The market is extremely challenging. Regarding whether there will be a big rally next week, currently, the daily lows and highs of the index are both moving lower, and there’s no sign of a big surge. The two gold-related stocks have already fallen 30-40%, but they are not at the bottom yet. There might be a short-term opportunity next week. When trading stocks now, it’s essential to set stop-losses properly. If you don’t stop out at 5%, you could see a 15%, 20%, or even 30% decline. So, decisiveness is necessary—cut losses when wrong, aim for small losses and big gains, and avoid small profits turning into big losses. Otherwise, this kind of market can make traders very passive. Next week, focus on short-term trading—buying and selling quickly. For the long term, the space photovoltaic sector I mentioned before rose over ten points today. This sector has good prospects, and the current position is low. If you grasp the short-term opportunities well, high selling and low buying can work. The main focus should still be on electric power stocks and related sectors. The power grid equipment sector may also rebound next week.

（Editor: Cui Chen HX015）

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