Chapter 36 Historical High
December 25th, Wednesday, is also Christmas Day in the West.
Gu Junhao has always been speechless about this popular Western festival, thinking that it is nothing more than a deliberate promotion by businesses in order to sell goods. If we are talking about festivals, they have to be our traditional ones.
It would be unreasonable not to take a holiday during any festival, even if you don’t have to go to work.
But now that he has a girlfriend, he can only join in the fun. Last night, he gave Zhang Yiru an apple, and we are going to have dinner together tonight.
However, since it was a weekday and the weather was quite cold, there were no other activities, which saved me a lot of trouble.
Back to stocks, the Shanghai Composite Index fell continuously to below 2,100 points. The decline eased slightly in the middle of this week, but the rebound was not strong. It failed to recover the previous negative line for several trading days , and the trading volume also shrunk from more than 100 billion in the early stage to about 60 billion recently.
"It's the last gasp of a dying force. Unless there's a big positive wave to recover, the market will continue to fall." Gu Junhao curled his lips after looking at the trend of the Shanghai Composite Index and some heavyweight stocks in the Shanghai market.
For several consecutive days, although the market did not fall much, it was only running between the small lower shadows of the large negative lines. Over time, funds could not bear the outflow of funds, which would inevitably trigger another decline.
Fortunately, I have the benefit of foresight, and the stocks I choose are basically from the ChiNext. Otherwise, with the trend of the Shanghai Composite Index in 2013, I don’t know how much slower it would be if I were to survive in the Shanghai Stock Exchange.
The ChiNext Index has recently fluctuated between 1250 and 1280 points, and there has been no major market trend overall.
But generally speaking, it is basically like this at the end of the year. Looking at the index alone, the market is half-dead, and more often than not, some individual stocks have their own independent market trends, and some individual stocks will even have the market trends of new year's monster stocks.
Fortunately, Wangsu Technology has had a strong recent trend and has broken through the previous box and is moving towards a goal. If it can break through again and stabilize the 90 yuan mark, it is very likely to move forward in the general trend of the new year.
At 9:25, the call auction ended. Today, the two markets opened well, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all opening higher.
My own holdings in Wangsu Technology were no exception, opening at 86.98 yuan, up 1.45%.
"Not bad, in line with predictions. Today's high opening should be able to see a higher level, and it is estimated that it can reach above yesterday's high point."
The Shanghai Composite Index should also be able to ease today. It depends on whether it can close with a big positive line. If it can close with a big positive line, there is a possibility of a reversal. Otherwise, it will still give you a chance to escape.
At 9:30 , both markets opened high and ended high. Wangsu Technology still followed an independent trend, and starting from the 88.04 yuan position, it chose to go against the market and adjusted downward.
After half an hour of adjustment, when the ChiNext Index rose again, a large order for Wangsu Technology appeared, and the stock price quickly rose from the green market to above the yellow moving average of the day, closing at 86.52 yuan.
In the half-hour game between bulls and bears after the opening, bulls defeated bears and most of the stocks in the two markets were in the green, which also made the market trading gradually active. As one of the hot stocks recently, Wangsu Technology also attracted a lot of off-market funds' attention.
It has to be said that the main funds trading in Su Technology are still quite capable. From the lowest point, the rise to around 50 yuan did not attract much attention from the market. It rarely appeared on the Dragon and Tiger list, and rarely appeared in the top row of the two markets' five-minute real-time increase.
However, it has recently begun to frequently appear on the Dragon and Tiger List and the real-time gain list, which also shows that Wangsu Technology has entered the final stage of pulling up shipments.
It is often difficult for a stock to attract the attention of the market, especially retail investors, during the main stage of fund accumulation. Only when most people do not pay attention to it can it better complete fund accumulation and position building.
Often, it only appears frequently in the public eye when it enters the rising stage. The reason is very simple, because it needs funds to lift the sedan chair and take over.
There is a piece of data that is not very prepared. Most retail investors only look at the ranking of stock gains when buying stocks. When they see a stock going up, they jump in with excitement. If they are lucky, they can make some money. If they are unlucky, they will just take over the position. However, most people are unlucky.
While watching the market and waiting, Gu Junhao occasionally checked the group chat. Today's group chat was more active because most people were making money today.
As time went by, at half past ten, Wangsu Technology's trading volume increased again, and the stock price reached 88.98 yuan, with an increase of nearly 4%. Compared with the ChiNext Index, the ChiNext Index had already pulled back to above the yellow moving average of the day.
"As expected, it still has to follow its own independent trend. However, it has accelerated a bit today and it looks a bit dangerous."
The volume is a bit large. If the volume cannot keep up in the afternoon after rising in the morning, it will still close with a long upper shadow like yesterday.
Another half an hour of trading passed. During this half hour, the ChiNext Index pulled back to above the intraday yellow moving average and began to rebound. At this moment, it was infinitely close to the 60-day line, reporting 1278.84 points, an increase of more than 1%.
Wangsu Technology is currently trading at 90.39 yuan, less than a dime away from its all-time high of 90.48 yuan set yesterday. At this time, the stock trading area of Wangsu Technology is already very lively.
"Oh my god, this is incredible. It has risen to over 13 yuan. Those who bought this stock have made a fortune."
"I thought the long upper shadow had come to an end yesterday, but I didn't expect it to be retracted."
"It has risen so much, I don't dare to enter. It will basically be a fool's errand."
"I cried. My money was washed out at around 70, and I didn't expect it to rise to 90 yuan."
"I don't dare to go in, I just want to watch the excitement. With such a high price, I can't even buy 500 shares."
Five minutes later, Wangsu Technology rose to 91.29 yuan, setting a new historical high. As the ChiNext Index stabilized on the 60-day line, sentiment on the market was already high.
"Oh my god, this is going to be the daily limit."
"Buy, buy, buy. If the price reaches the upper limit today, 100 is possible."
Judging from the trading quotation, small orders continued to pour in. At this time, the appearance of a buy order of 500 lots, together with the small orders, could quickly push up the share price of Wangsu Technology to 92.96 yuan, once again setting a new historical high during the day.
"It's almost done. The price has been rising with unlimited volume and has already increased by 8.4%. There is no need to wait any longer." Looking at the trading quotes, Gu Junhao decisively decided to clear his position.
I still placed a limit down price to get ahead of others. My order was not large, but not small either, totaling 317 lots. It was a bit difficult to place a real-time price and sell quickly .
Since you have decided to clear the inventory at this position, then setting a lower limit price to get out early is the best decision. The A-share trading system determines that setting a lower limit price does not mean that you will really sell at the lower limit price. Everyone knows this.
31,700 shares of Wangsu Technology were sold at a historical high, and the final average transaction price reached 92.68 yuan, with a total recovery of nearly 2.938 million yuan. Including the remaining funds in the account, there were 2.94 million yuan.
"It's a pity that we are still tens of thousands of dollars away from 3 million. This is really driving people with obsessive-compulsive disorder crazy. The last time we cleared our inventory, we were also tens of thousands of dollars away from 1 million."
Looking at the funds in his account, Gu Junhao was speechless.
