BlackJack|Jul 31, 2026 13:59
The first wave of the big miracle day rebound hit resistance at the downtrend line. Looks like the first wave of the big rebound is over, and now it’s back to consolidation. As for when the second wave of gains will come, we’ll just have to wait and see.
On another note, the domestic tech sector, especially storage-related stocks, saw a lot of limit-up openings today, but then they pulled back and ended with small gains. This shows that the rebound lacks sustainability.
When it comes to domestic tech, forget the main upward trend from the past year—it’s no longer the market’s focus. Even if there’s another rally in the next two months, it’s just a rebound. Don’t get too attached.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink