Hexun Investment Advisor Ge Hongliang: Don't get carried away by the shrinking rebound, there is still more downside to test!

NightAirdropper · 2026-04-10T09:35:10+00:00

On April 7th, Hexun Investment Advisor Ge Hongliang analyzed that today's volume-reducing rebound should not make you get carried away. This rebound, whether it lasts two or three days, should only be viewed as a technical bounce. Do not chase the previous highs, which is very standard. The head-and-shoulders pattern that corresponds to it is likely to be followed by a W-bottom, and there is even a possibility of testing new lows. The current market situation is very similar to the wave at the end of November last year. The real bottoming opportunity will only come when the right leg of the W-bottom is firmly established. After confirming the pattern and volume catching up, it’s not too late to take action. At this stage, the most important thing is to control your hands, save your bullets, and definitely avoid buying at the halfway point of a bottom.

NightAirdropper

2026-04-10 09:35:10

On April 7, Hexun Investment Advisor Ge Hongliang analyzed that today’s rebound on shrinking volume must not get you carried away. No matter whether this rebound lasts for two days or three days, it can only be taken as a dead-cat bounce—don’t go chasing the previous highs. The m head pattern that corresponds to it will, in most cases, be followed by a w bottom, and it’s even possible that prices will test new lows again. The current market situation is very similar to the move at the end of November last year. The real bottom-fishing opportunity is something you must wait for the right leg of the w bottom to be firmly established; once the pattern is confirmed and the trading volume can keep up, it won’t be too late to take action. At this stage, the most important thing is to hold your positions—keep your ammo—and absolutely don’t buy into the bottom halfway through the decline.

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