A-shares: Major positive signals released, a new round of main rising wave market is set to take off
【Wednesday market fluctuates narrowly, hiding opportunities, commercial aerospace + chip dual-line leads the rise, Thursday may welcome directional change】
On Wednesday morning, the three major A-share indices continued to show a pattern of narrow fluctuations, ultimately closing collectively in the red. The market turnover decreased by 5% to 1.8 trillion yuan, and individual stocks exhibited a characteristic of widespread rotation, with over 3,700 stocks in the green. The ratio of stocks hitting the daily limit up or down reached 62:4, and the overall profitability effect of the market was good.
The main hotlines showed a strong hierarchical running characteristic, with two core tracks performing particularly well. The commercial aerospace sector became the leading force in the market, with Shenjian Co. achieving five consecutive limit-ups, carrying the banner of the sector with an absolute strong posture; ZaiSheng Technology completed a reversal and secured its first limit-up, China Satellite also reversed and hit the limit-up, and Aerospace Development set a new trend high, with the overall rhythm of the sector's upward movement being rapid. The chip sector followed closely, with Chuangyuan Technology and Shenghui Integration achieving limit-ups for three consecutive days, forming a strong linkage effect, and Demingli also simultaneously reached the limit-up price. Additionally, consumption and segmented tracks blossomed in multiple points, with the Fujian consumption sector’s Hexing Packaging and Anji Food achieving three consecutive limit-ups, and the Hainan sector’s Hainan Development achieving four consecutive limit-ups, with the two consumption branches taking turns to be active; the AI hardware direction of Yingweike refreshed its stage high, and the smart driving sector’s Zhejiang Shibao reversed and surged to the limit-up, with multiple hot spots jointly activating the market's bullish momentum.
In essence, Wednesday's narrow fluctuations were a typical accumulation and consolidation trend, with the dual main lines of commercial aerospace and chips showing a steady rotation rhythm and obvious signs of capital clustering. Looking ahead, it is expected that the market on Thursday may welcome a resonant upward change, and investors can firmly hold the main line targets, patiently waiting for the full launch of the spring market.
The logic driving the market can be summarized in three aspects: first, the overnight U.S. stock market achieved four consecutive rises and refreshed historical highs, with the strong performance of the external market providing positive support for A-shares. A-shares successfully stabilized above the 3900-point integer level and the 20-day moving average, possessing sufficient upward momentum; second, after the formation of a top divergence at the 15-minute level, the MACD indicator completed a golden cross repair, releasing a clear signal that short-term adjustments have ended; third, the market’s rotating main lines are clear, with high capital concentration in commercial aerospace, chips, AI hardware, etc., and no obvious signs of diversion have emerged.
In terms of investment strategy, the current market is in a stage of reduced rotation, and chasing high operations should be cautious; the cost-effectiveness of the 'buy low' strategy is far higher than chasing the rise. It is recommended that investors hold onto the two main line targets of big technology and big cycles, patiently waiting for the change point on Thursday, as the signal for the spring market's initiation is already in sight. It is important to emphasize that in a bull market, 'staying steady' is far more critical than 'running fast'; firmly holding positions is essential to better realize market dividends.
