Since this year, the rise in the pharmaceutical sector has driven a collective rebound in innovative drug ETFs, and the rise of innovative drug ETFs in Hong Kong stocks has become more obvious. Wind data shows that as of June 6, the Hang Seng Hong Kong Stock Connect Innovation Drug Selection Index rose by more than 53% this year, and many innovative drug ETFs rose by more than 30% this year, and the Hong Kong stock innovative drug ETF rose by more than 51%, leading similar products.
You are staring at the pharmaceutical sector recently. Do you feel a little excited and a little nervous? On Friday, I was still shaking and shaking a narrow range of vibrations, and the five-day line was not recovered! This trend is indeed a bit weak! But the key point has come, and its center of gravity has not dropped! It’s like a person, although he didn’t run very fast, at least he didn’t lie down!
Do you still remember that after the surge in medicine at the end of May, the sideways fluctuated for two weeks? I said at the time that this time it is likely to be a similar performance! As a result, today, Pharmaceutical directly rebounded with a big positive line, easily breaking through last week's high! Is this trend still like a sideways fluctuation? This is clearly the "recharge signal in the air before the Rockets take off!
Looking further into the details, the wave of innovative drugs in the late trading of last Friday, funds have been quietly flowing in! It can continue to strengthen today, which means that the funds that bottomed out and rebounded last Friday are definitely the main funds! With the continuous inflow of funds, the selling pressure of the pharmaceutical sector on Thursday has basically been digested. Now the market is full of buying and selling, and there are pitifully few selling orders! How high can it fly? God knows! But as long as the funds continue to rush in, I will continue to be optimistic about it!
Even if this breakthrough fails, at worst, it will fluctuate at a high level, just like in mid-May, and continue to let the main funds absorb it! This "easy state of easy rise and difficult decline, you must never be bearish in the short term! If you are not afraid of chasing highs, then what are you waiting for? Just do it!
——After reading it, the funds make a lot of money! ——
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