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Trader Ouyang Zhuaibai commented on the Storage Violence Rebound: What goes up must come down. A consensus among traders to long at the same time will generate a deleveraging force in the opposite direction.

BlockBeats News, July 31st, renowned trader Ouyang Zhuabai posted an article today to evaluate the violent rebound of the storage sector after several days of sharp decline: When things develop to an extreme, there will be a reverse force, such as when Zhang Xiaolong called on college students to speculate on tech stocks, and Hailishi Girl posted a message about Seoul's Golden Age. Just a few weeks have passed, the storage sector's fundamentals have not changed significantly, but the stock prices have halved. This is the potential energy of the reverse deleveraging generated by the unanimous bullish sentiment at all trading levels.

Earlier, he stated: "Continue to place orders today." He densely placed ladder limit buy orders on SK Hynix ADR in the range of approximately $122 to $94. Days ago, he mentioned that the biggest trading opportunity of the year has arrived and started bottom fishing storage concept stocks with stop-loss-free spot ladder buying.

Ouyang Zhuabai has long adopted a low-leverage trend trading strategy, with a core that includes "take long on a true breakout," short-term responses in extreme market sentiment, and strict position control, with total leverage usually not exceeding 2 times. His trading philosophy emphasizes compounding through trend holding and staged bottom fishing, and he will continue to stay in the market as a primary principle, opposing high leverage and full-position trading.

Kaynak:BlockBeats

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