Traditionally, a 20% rebound from the bottom is called a technology bull market. In other words, unlike the bull market that everyone usually understands, from a purely technical point of view, the index rose by 20% from the bottom and entered a technical bull market.

Generally speaking, the technology bull market may not really develop into a bull market in the short term, but it may just be the Big bounce at the bottom.

Extended data:

In the second phase of the bull market, the increase of the market index often exceeds 25% of the bull market, but stock selection becomes more difficult. During this period, most high-risk stocks have risen to close to their actual price level. Compared with other stocks, it no longer makes value investment, so the stock selection at this time must be based on long-term prospects.

The investment strategy corresponding to the second paragraph of the market is to invest mainly in growth stocks, especially the growth stocks with small amount of funds. At this time, people are generally optimistic about market conditions and economic prospects, and small capital enterprises have greater growth than large industrial enterprises. Therefore, small-cap growth stocks can attract more buying and make their share prices climb faster. ?