Chapter 240: Six Consecutive Suns on the Monthly Line
Wan'an Technology opened low at 14.03 yuan in the morning session today. However, with the rebound of the Shanghai and Shenzhen stock markets, Wan'an Technology only remained in the green for two minutes, and the stock price showed a fluctuating upward trend.
Xu Jianqing stared at the intraday chart of Wan'an Technology. Judging from the intraday chart, after two consecutive trading days of large-scale upward movement, Wan'an Technology's stock price returned to above 14 yuan and trading became much more active.
Retail investors are never lacking in enthusiasm for chasing rising prices; at ten o'clock, Wan'an Technology's stock price began to slowly fall back to near the daily moving average when it was close to the high point of this round of rebound.
As Wan'an Technology adjusted its moving average position, the number of buy and sell orders above the 100-hand level began to gradually increase, which attracted Xu Jianqing's attention.
"Hey, the volume has increased. Is the dog farm inside open for business?"
At 10:22, buying points at the 500-lot level began to appear on the Wan'an Technology trading market, which made Xu Jianqing more certain of his judgment. Yin Zhijie's experience in watching the market and the success of several short-term transactions also helped Xu Jianqing grow a lot.
"This should be a slow accumulation of funds. It looks like once it's almost finished it'll be time to make a pullback." Xu Jianqing muttered to himself. This trend is quite similar to the several incidents that Yin Zhijie had caused.
In the morning trading, Wan'an Technology slowly moved up along the moving average. After 11 o'clock, the stock price of Wan'an Technology began to fluctuate slowly downward.
In 20 minutes, the stock price fell from a peak of 2.70% to a 0.71% increase. During this process, there were many sell orders of less than 100 lots. Without the main funds to maintain the market, retail investors could kill themselves.
At the opening of the afternoon session, as soon as the trading stage began, two consecutive buy orders of thousands of hands appeared at the Wan'an Technology trading desk. The stock price rose straight from 14.23 yuan to 14.47 yuan, setting a new intraday high.
"Haha, things are really going to get bad. Looks like I'll have a chance to sell today." After staring for the whole morning, Xu Jianqing felt that he had finally gotten the chance.
There was no pause in the straight-line rise of Wan'an Technology. The continuous mid-term buying on the market and the abnormal movements shown by the short-term wizard all indicated this.
By 13:05, within five minutes, Wan'an Technology's share price soared from 14.23 yuan to 15.13 yuan.
The five-minute increase was as high as 6.32%, unsurprisingly topping the five-minute increase ranking in the two markets.
"There are no big orders, only medium orders are used to pull up, and it is pulled up so quickly. Either they want to absorb funds through shock, or they want to use the increase to sell." Xu Jianqing laughed.
Then he added: "Whatever happens, let's get him."
Anyway, for me, the main thing is to sell according to the boss's plan. How can I let go of such a good opportunity?
The explosive volume in these five minutes is only relative to Wan'an Technology. In fact, the trading volume in these five minutes is only about 20 million yuan, which cannot be regarded as a real large-scale increase.
It was impossible for Xu Jianqing to blindly place a sell order for 5,000 lots. Instead, he placed orders in batches, selling them step by step, trying to get a good price.
"It's a pity that we can't dump the market all at once. It won't be stimulating enough." Xu Jianqing said regretfully.
As the number of sell orders increased, Wan'an Technology's stock price peaked in a short period of time and began to fall. In less than a minute, the stock price fell below 15 yuan. At 13:08, the stock price was 14.91 yuan.
"Oh my god, the price is falling too fast." Xu Jianqing said speechlessly. He did not complete many orders above 15 yuan, and the selling amount was only around 1 million yuan.
As the stock price fell rapidly, Xu Jianqing had no other choice but to withdraw the order and continue to place an order at a lower price. This continued until 13:30, when the 5,000-lot order was finally successfully executed.
Looking at the 7.4 million yuan of funds in the account, I started to sell from the highest point, but only sold at an average price of 14.80 yuan, which was a 2% gap from the highest price.
Xu Jianqing stared at the intraday chart which was experiencing huge ups and downs, feeling bored.
"This broken stock is really boring. Even if you spend a few million, you can still lose so much."
Fortunately, I have completed the boss's task. I hope that I will not be deceived by the main funds and sell out. Otherwise, even if the boss doesn't say anything about me, I will still feel embarrassed.
After completing the liquidation of Wan'an Technology, Xu Jianqing also relaxed and studied the trends of the Shanghai and Shenzhen stock markets together with Wang Ruoyu and Liu Tingting.
Throughout the day, just as Xu Jianqing had thought in the morning, the Shanghai Stock Exchange continued to rise, ending Thursday's trading with a gain of 0.76%, while the ChiNext Index closed with a cross negative line, down 0.28%.
Xu Jianqing of Wan'an Technology was very lucky not to sell out. After opening high in the afternoon, the stock price gradually slid downward and finally ended today's trading by breaking the intraday moving average, reaching 14.57 yuan and a 3.55% increase.
Today, Wan'an Technology's trading volume is the highest in recent times, reaching 98.13 million yuan.
It is October 31st, this Friday is also the last trading day of this month. The Shanghai and Shenzhen stock markets continued to open with an overall high trend. The trend of the market in the last four trading days was beyond market expectations.
After the official trading started, the trading volume remained in the weighted sectors, the three major financial sectors were very active, and the performance of securities firms remained very trustworthy.
The banking sector, which had performed mediocrely in the past few days, today set a record high volume rarely seen in history, leading the three major financial sectors to rise.
"Oh my god, what is this? Are you crazy?" Xu Jianqing said speechlessly as he looked at the daily limit of the banking sector.
Funds are pouring into the three major financial sectors and other weighty sectors, and the corresponding small and medium-sized enterprises will naturally be affected. Wan'an Technology, which was sold out yesterday, opened low and closed low.
Dongfang Wealth and Yinzhijie also performed poorly, and after opening low today, they also showed a low-level fluctuation trend.
The ChiNext Index also performed relatively poorly.
Fortunately, Junshi No. 1 owns Xibu Securities. Xibu Securities has surged for three consecutive trading days since Tuesday. As of yesterday, the stock price officially stabilized at 15 yuan, closing at 15.16 yuan.
And today, Xibu Securities opened with a gap-up gesture, and the stock price has risen rapidly since the opening. At 9:42 yuan, Xibu Securities closed at 16.19 yuan, a huge increase of 6.79%.
16.19 yuan is also the highest level of Xibu Securities since this round of rebound.
Xibu Securities, which set a new high, then maintained a high-level fluctuation trend throughout the day, with the highest price also rising to 16.38 yuan. It finally ended the last trading day of the month at 15.76 yuan, a rise of 3.96%.
In terms of trading volume, Xibu Securities once again reached more than 900 million yuan, while the other two GEM constituent stocks performed generally. Yinzhijie fell 1.07% and its share price closed at 23.78 yuan, and Dongfang Fortune fell 1.71% and its share price closed at 16.50 yuan.
The Shanghai and Shenzhen stock markets performed differently. The ChiNext Index fell for two consecutive trading days on Thursday and Friday. Although the final increase this week was as high as 2.41%, it still ended the month with a decline of 1.79% , and the monthly line closed in the negative.
The Shanghai Composite Index's trading volume of 249.9 billion yuan pushed the index up to 2420.18 points. The trading volume this week reached 973.1 billion yuan, and it finally rebounded with a weekly increase of 5.12%.
Throughout the month, the Shanghai Composite Index increased by 2.38%, achieving six consecutive positive trends at the monthly level, which can be called a miracle.