Weaker ones, for example, the ChiNext daily three-push climax is topping out.
Stronger ones, such as SanDisk's weekly three-push climax, are also topping out.
This 'three-push' pattern indeed has its logic: a three-push rally signals a top, while a three-push correction signals a bottom. From the perspectives of human nature and capital logic, this makes sense. Three strong upward rallies are enough to exhaust buying pressure, just as three strong downward corrections are enough to exhaust selling pressure.
The capital market naturally relies on narratives and capital rotation, but there is no stage that never closes. When the tide recedes, only the wealth that aligns with one's true cognitive level remains in hand.
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