Most china stock retreated back to the 10 moving average after getting overheat.
The position here acts more of a support to swing higher for a continuation of the rally.
May trade sideway here for a few sessions even before heading back higher.
Get rid of the emotions, China stock market is just another stock market. An objective technical analysis does indicate a change of trend from downtrend to uptrend.
Get ready for more gains after this slight pullback.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Following the introduction of China's groundbreaking DeepSeek technology, Wall Street giants have revised their investment outlooks for the Chinese market.