A-shares broke through last year's peak of 924 today, and the trading volume directly surpassed the 2 trillion yuan mark. Only three resistance levels remain ahead.
The first resistance level is 3730 points from 2021, the second resistance level is 5180 points from 2015, and the third resistance level is 6100 points from 2007.
Today's breakthrough in A-shares has released the chips from last year's 924, which means that the bulls' target is no longer the 924 peak, and the trend has completely opened up upward space.
The 2021 high is actually within reach; today's closing was at 3683 points. From the atmosphere, many people no longer regard 3700 points as significant, and I share the same view. The target of this trend is not 3700 points, but rather the second stage target of 5180 points.
However, just because there is a target, it does not mean that A-shares can achieve it in one go. The stock market is built through movement, and bull markets even more so. To surpass the previous high, a lot of favorable support is needed. These are dynamic changing factors that require continuous tracking, followed by adjustments to targets and strategies.
Therefore, for the third stage — the highest peak of A-shares, there is no need to look ahead right now. What is meant to come will come; it is just a matter of early or late.
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