The fluctuation range of YH Supermarket, a listed company in the A-share market, has been quite large these days. If we look at the highest point of 5.88 yuan yesterday to the lowest point of 5.18 yuan today during the trading session, the amplitude is close to 12%. However, from the price trend over the last 6 trading days, there has been a situation where the highs keep rising and the lows gradually elevate. I believe the core indicator to judge whether a stock can still rise is to see if the company has the ability to continuously hit new highs. As long as this advantage exists, even if the fluctuation range is large, it seems unnecessary to worry too much.
If there are doubts that the daily line might show signs of being manipulated, then the authenticity of the weekly line is relatively reliable. If there isn't much change, the weekly trading volume of YH Supermarket this week will be the largest in history. Everyone can think about why such a large trading volume would be released at such a position; there are only two possible outcomes, either it's for building positions or reducing positions. If we consider it from the perspective of reducing positions, then the probability of the stock price hitting new highs would be diminished. However, the reality is exactly the opposite. From this perspective, the future trend can still be relatively optimistic, or we can maintain a bullish viewpoint, as consumption is expected to become mainstream in the market next year.