However, the stock closure is repeatedly opened, and the market outlook may not necessarily not rise. Being able to open it repeatedly and re-seal the daily limit shows that there are still many funds to look forward to. Although there are great differences between the long and short sides, the daily limit still shows that many parties are more powerful. However, on the whole, it is not a good thing for stocks to close their positions again and again. On the one hand, it means that the main force may have been sold at the daily limit price, on the other hand, traders who buy at the daily limit price will have floating losses and become new potential selling pressure after the next day.
In addition, if you repeatedly open the daily limit, it means that some funds are at the bottom. At this time, it depends on the strength of the institutions entering the market. If it is an institution, it may rebound. If it is hot money speculation, it may attract more.
That's all. I hope it helps you.
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