BlackJack|Jul 31, 2026 14:03
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 next up is more consolidation. As for when the second wave of gains will come, we’ll just have to wait and see.
Meanwhile, in the domestic tech sector, especially storage-related stocks, there were a lot of limit-up openings today, but they eventually broke the limit and ended with small gains. This shows that the rebound lacks sustainability.
When it comes to domestic tech, forget about the main upward trend from the past year—it’s no longer the market’s focus. Even if there’s more upside in the next two months, it’s just a rebound. Don’t get too attached.
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