Chapter 11 Opening
On Wednesday, Wangsu Technology opened higher with a gap, leaving room for profit for the funds that entered yesterday. Generally, this kind of hot money only trades on one-day trends and takes advantage of the premium on the second day.
If the opening of the next day is not as expected, they will directly dump the stock in the morning and quickly switch to the next stock. This is why many retail investors who chase hot stocks often lose money. They simply cannot keep up with them and have to bear their selling pressure.
In Gu Junhao's opinion, it is actually quite wrong for many retail investors to worship hot money. The practices of hot money can be used as a reference, but one cannot worship them. In this market, the big fish eat the small fish. There is no benefit in worshipping someone who can eat you up, not to mention that some hot money's behavior is really bad.
After today's opening, Wangsu Technology rose slightly to more than 4%, touching the pressure of the 72 yuan integer mark, and then faced selling pressure from the market. The trading volume increased significantly. By ten o'clock, the trading volume had exceeded 200 million yuan.
"It should be that some of the funds that hit the limit yesterday took profits and ran away." Gu Junhao analyzed while looking at the market.
At this time, there was no movement in Gu Junhao's positions. Although the selling was fierce, the funds to take over were not weak. On the market, large and small orders were slowly taking over the selling as the stock price fell.
At 10:40 a.m., after the stock price hit a low of 69 yuan, buy orders from the market began to appear, and Wangsu Technology rebounded rapidly. By the close of the morning, the stock price closed at 74.10 yuan, up 7.45%. The trading volume exceeded 300 million, setting a recent high.
At one o'clock in the afternoon, the two markets continued to open trading. Wangsu Technology was quickly smashed by several large orders, and its stock price fell below 73 yuan.
At this time, two large orders of 1,000 lots came out quickly, quickly pushing up the stock price to 74.06 yuan. However, there were still a large number of sell orders on the top, suppressing the stock price.
"It looks like the stock won't reach its daily limit today. There are too many sell orders and the stock price will fluctuate." Gu Junhao pondered. Thinking of this, he decisively sold 3,900 shares of Wangsu Technology at a price of 74 yuan.
After clearing out all his holdings in Wangsu Technology, Gu Junhao's account funds reached 290,000 yuan, only 10,000 yuan away from 300,000 yuan.
The trend of Wangsu Technology was exactly as Gu Junhao had expected. After the stock price reached a high of 74.10 yuan at 1:30 pm, it quickly fell back.
"There are too many sell orders. I don't know if it can hold up. I hope the pattern doesn't get worse." Looking at the sell orders, Gu Junhao was a little worried. If the pattern got worse, the adjustment period would be longer.
The trend of the ChiNext today was very bad, which also affected the trend of Wangsu Technology to a certain extent. This was the case in the morning when Wangsu Technology opened high and fell to near the flat, but fortunately it held up.
After opening high in the morning, the ChiNext Index went down all the way, with the lowest drop of nearly 4%. It rebounded before noon. Wangsu Technology's performance in the morning was stronger than that of the ChiNext Index, and there was no green market throughout the day, which was considered a very good performance.
After clearing out his holdings in Wangsu Technology, Gu Junhao looked back at the performance of the ChiNext. After experiencing a deep adjustment in its rise, the ChiNext's decline narrowed in the afternoon.
As time passed, Wangsu Technology also fell step by step. At 14:50 in the afternoon, near the closing time, Wangsu Technology's stock price touched 70.65 yuan for the second time, forming a small double bottom.
Gu Junhao quickly took back Wangsu Technology at this position and bought with all funds. The average transaction price was 70.70 yuan, and a total of 4,100 shares were purchased.
At the close of trading, Wangsu Technology closed at 71.89 yuan, up 4.19%, with a record trading volume of 645 million yuan.
Compared with the past performance of Su Technology, today's ChiNext was extremely miserable. It finally closed at 1330.15 points, down 3.93%. Calculated from the high point of 1424 points on October 10, the correction was as much as 7%.
"The ChiNext seems to be a bit dangerous. We need to continue to pay attention to it in the future." Looking at the trend of the ChiNext, Gu Junhao said a little worriedly.
If the ChiNext Index experiences a deep correction, it will inevitably affect Wangsu Technology. If that doesn't work, the only option is to clear the position and wait for an opportunity to take it back.
However, my profit today is still considerable. At the close of trading, my account shows: 4,100 shares of Wangsu Technology, cost 43.68 yuan, market value 294,749 yuan. Available funds in the account: 130 yuan.
Looking at the funds in his account, Gu Junhao was still very satisfied. From the National Day to today, there were seven trading days in total, and he earned 100,000 yuan. This was also the reason why he dared to resign.
If he did not have certain foresight and the confidence of a successful individual investor in his previous life, Gu Junhao would not have dared to resign even if he was reborn in 2013 when he had only a few tens of thousands of yuan in savings.
The reason is that the reborn are not omnipotent. Without connections and resources, they can only make breakthroughs in areas they are familiar with.
At 5:30, the Dragon and Tiger List data of Wangsu Technology was updated. Today's Dragon and Tiger List data of Wangsu Technology can be said to be explosive. The Shenzhen Jintian Road Sales Department, which bought 13.79 million yuan on the previous trading day, not only did not sell it today, but instead increased its holdings significantly.
Today, Shenzhen Jintian Road Sales Department bought as much as 130 million, increasing its position by nearly 10 times. The purchase volume accounted for 15.47% of the total transaction volume. The other buys from two to four were also large transactions. The total purchase volume of hot money in the four seats exceeded more than 100 million yuan.
"Today, another institutional seat put out more than 20 million. It is rare that hot money wants to come in and participate deeply." However, it is not difficult to understand that with such a good subject matter and such good performance, it is natural for hot money to want to come in and get a piece of the pie.
After analyzing the Dragon and Tiger List, Gu Junhao went out to eat. In the evening, as usual, he shared his trading experience in Taoyuan Bar.
"The ChiNext performed poorly today, but Wangsu Technology was as strong as ever. Taking into account intraday trading, the return was close to a daily limit, which is okay. But everyone should also pay attention to the ChiNext's pullback."
After sending out the delivery note for intraday T, Gu Junhao also gave a reminder. As for whether everyone can listen to it, that is none of his business. However, there is a high probability that no one will listen to it . This is how the leeks are. They always think they are stock gods.
In the two trading days after this week, the ChiNext still performed generally, but there is still room for T in Wangsu Technology. Through two trading days of intraday T operations, Gu Junhao's holdings in Wangsu Technology have reached 4,500 shares.
On Friday, November 18, 2013, Wangsu Technology closed at 69.85 yuan, up 0.58%, and the trading volume shrank to 190 million yuan. During the same period, the ChiNext Index closed at 1349.94 points, up 2.04%. Wangsu Technology underperformed the index.
This week was a fruitful week for Gu Junhao. In five trading days, the book market value increased from more than 220,000 yuan to 310,000 yuan, with a weekly return of 40% and a return of 63% since October.
Such income also made Gu Junhao's number of fans in Taogu Bar exceed 500, most of which were added this week, and the number of new fans has been rising continuously.