Chapter 29: Big Fall
Wangsu Technology's Dragon and Tiger list today is luxurious, with institutions frequently appearing. According to the data from the Dragon and Tiger list, two institutions sold and two institutions bought Wangsu Technology today.
It is worth mentioning that Jin Tianlu, who had bought more than 100 million yuan on the Dragon and Tiger List in the early stage, appeared on the Dragon and Tiger List again and bought nearly 26 million yuan today.
"There are two institutions that are the main buyers and sellers. I wonder if they are the same two institutions doing T or if they have changed to two other institutions? Jintian Road bought another 26 million. I don't know if the last one was cleared. If it wasn't cleared, that would be a big deal."
However, although the trading volume today is large, the net difference of the Dragon and Tiger List is less than 10 million yuan, and the chips are relatively dispersed. It seems that tomorrow will at most break through the previous high. If you want a big rise, it is estimated that the cooperation of the market and the index is needed.
After Wangsu Technology's Dragon and Tiger List came out, there was a lot of discussion in the stock comment section, including Gu Junhao's post in Taogu Bar.
After all, Gu Junhao has become somewhat famous in Taogu Bar through his operations on Wangsu Technology. Gu Junhao did not update his posts today. Most people thought that Gu Junhao was still in a short position. Based on this understanding, they felt it was a pity for him to miss out on this round of opportunities.
"Wangsu Technology is amazing. It recovered its losses in just one trading day. This Dragon and Tiger List is also unbeatable."
"I don't know whether Brother T copied it back or not. Brother T has become a small fortune by working at Wangsu Technology."
"If Brother T bought the bottom today, he would have reached the 1 million goal. If he didn't update, he probably didn't buy the bottom."
The reason why Gu Junhao did not update the post today is more because of the Dragon and Tiger List. The data on the Dragon and Tiger List seems to be impressive, with institutions and large hot money frequently appearing, but there has been no increase in net buying, so there is a lot of uncertainty.
This is also for the purpose of not misleading everyone. Now there are people in the post who are following my operations, such as Brother 70 (the cost is 70 yuan and he holds on, so everyone calls him Brother 70). In uncertain situations, it is better not to show off easily.
On Wednesday, the 4th, the two markets continued trading and the call auction ended. The Shanghai Composite Index opened at 2219.97 points, the ChiNext Index opened at 1249.59 points, and Wangsu Technology opened at 81.58 yuan, all opening slightly lower.
" There's not even a false gap. It looks like today's market is just going to go up and then fall."
Trading began at 9:30. Led by securities firms, the Shanghai Composite Index opened low and ended up rising all the way. The ChiNext Index also quickly rose. At 10 o'clock, the ChiNext Index closed at 1268.80 points, up 1%, approaching the 20-day pressure line.
At the same time, Wangsu Technology was also reported at 84.05 yuan at this moment, an increase of 2.5%. However, as the Shanghai Composite Index continued to rise, the ChiNext Index was facing pressure again.
Although Wangsu Technology has risen a lot , the trading volume has not increased. Instead, there are some large orders being sold from time to time.
"All the funds have flowed into the Shanghai Stock Exchange. It seems that the ChiNext will not be able to get over the pressure level today because the amount of funds cannot keep up." If it can't get over it, it will go down, so just sell it. At this moment, the ChiNext and Wangsu Technology are still in the process of rising, which makes it more convenient for me to ship the goods.
Thinking of this, Gu Junhao directly cleared his position with one click and set the limit price. Twenty-two thousand shares of Wangsu Technology were sold in an instant, with the average transaction price being 84.15 yuan.
"Yes, in less than one and a half trading days, I have made 250,000 yuan. It is really a good thing to make a big profit when you have a lot of capital."
After clearing all his positions, Gu Junhao's account funds reached 1.8513 million yuan, and the market value of his stock holdings was 0.
At 10:05, the ChiNext Index began to fall, and Wangsu Technology also began to fall from its highest price of 84.39 yuan. Large orders were frequently sold, and in less than fifteen minutes, the stock price fell back to the flat price of 81.95 yuan. Funds were already in a state of outflow at this moment.
At 10:20, the ChiNext Index began to rise to a high of 1276.06 and stood above the 20-day moving average. Wangsu Technology also rose slightly at this time, but did not close above the daily yellow moving average.
"It's the last gasp of a dying force. All the funds today have flowed into securities firms and the Shanghai Stock Exchange, which is doomed to be useless." This kind of rush to the top will only trap people, and it is not a real upward rush to stabilize.
Sure enough, as time went by, the ChiNext Index did not choose to continue to rise after touching the 20-day moving average for the third time.
The saying "the first effort is strong, the second is weak, and the third is exhausted" is exactly like this. The index quickly fell back without touching the previous high, and closed at 1267.87 points, up 0.94%. Wangsu Technology closed at 80.25 yuan, down 2.07%, and funds outflowed nearly 100 million yuan.
"It seems like there is no hope today. Strong stocks choose to pull back, and smart money is selling. Although the index is still in the red, the three upward surges in the morning have already proved that the bears have defeated the bulls."
During the lunch break, Gu Junhao came to the following conclusion: After the trading started at 1 p.m., just as Gu Junhao expected, once the bears defeated the bulls, the bulls would also turn from long to short.
No one can go against the trend, not even big funds like the national team. After an hour of persistence, the ChiNext Index finally couldn't hold on and plunged all the way down after two o'clock.
By the closing of three o'clock, the two markets showed a trend of ice and fire. After creating a recent high, the Shanghai Composite Index finally closed at 2251.76 points, up 1.31%.
The ChiNext Index finally closed at 1240.29 points, down 1.2%. If you buy near the high point, you will suffer a loss of about 3%.
The trend of Wangsu Technology was even more tragic. After hitting a new high of 84.39 yuan in the morning, it fell all the way and finally closed at 77 yuan. Today's amplitude reached 11.3%, and the transaction volume was 454 million yuan, the same as yesterday.
Gu Junhao did not choose to take back Wangsu Technology today. Whether it is from the perspective of Wangsu Technology's individual stocks or the ChiNext Index, the situation seems a bit ugly today. Although he will not lose money if he takes it back at this time, it is better not to do such speculative things.
"It is estimated that it will have to test the bottom again and wait until it breaks through 1,200 points."
On Thursday, the ChiNext opened lower and continued to fall, plunging 3.08% to close at 1202.07 points, even as the Shanghai Composite Index closed sideways. It was just one step away from breaking 1200 points again.
The decline of Wangsu Technology was even more severe than that of the ChiNext. It hit the lower limit price half an hour after the opening. Although some seesaw funds entered afterwards, it still hit the lower limit at the closing stage. At the end of the day, Wangsu Technology closed at 69.30 yuan, down 10%.
Judging from the after-market Dragon and Tiger List, four institutions bought into Wangsu Technology today, while three institutions sold. Jintian Road was once again invisible from the Dragon and Tiger List.
"The first institution bought more than 80 million, four institutions bought nearly 150 million, and sold 100 million. It's still a net inflow."
It seems that today's limit down was caused by institutions. The index has also reached the 1,200 point mark. We should be able to take Wangsu Technology back tomorrow.
As for the specific buying price, Gu Junhao decided to place orders and buy in batches .