Chapter 37 Weird Trend
After 11:10, Wangsu Technology quickly fell back after creating a historical high, and a large amount of profit-taking funds quickly fled. By the morning closing, the stock price fell back to 89.50 yuan, up 4.39%. The entire morning's trading volume was close to yesterday's full-day trading volume.
"If there is a pullback with reduced volume in the afternoon, it would be fine. If there is a pullback with increased volume, it would be a bit bad. I guess it will have to adjust again. However the support around 80 yuan should still be there. Maybe it can still make a big T."
After looking at the market, the Shanghai Composite Index did not rise much today, but at least it rose. The ChiNext Index closed at 1281.77 points, getting closer and closer to the 60-day line. There should be no big problems today. Next, we will look at the pressure of the 1300-point integer mark. The big gap-down on the second of this month will also take some time to digest.
Trading in the afternoon was uneventful, with both markets closing in the green for the day. The Shanghai Composite Index closed at 2106.35 points, up 0.64%.
The ChiNext Index achieved a sharp rise, eventually closing at 1288.34 points, marking the first time it has stood above the 60-day lifeline since December 2. Most stocks in the sector also closed in the green, with some stocks rising by more than 5%.
Wangsu Technology closed at 87 yuan throughout the day, up 1.48%. The K-line pattern showed a long upper and lower shadow cross. The bull-short game was obvious, and the trading volume also increased to 529 million yuan.
Gu Junhao did not choose to take back Wangsu Technology at the end of the trading day today. The cross star with large volume at a high level and the index is facing pressure again. It is a bit dangerous, so it is better to avoid it for the time being.
"Today's average price is 92.68 yuan to clear out Wangsu Technology. Currently, there is no position. I will see whether to take it back tomorrow depending on the specific situation. In addition, I wish everyone a happy Christmas."
After the market closed, Gu Junhao sent out his delivery note as usual. He originally didn't want to send it, but when he thought about it, today's closing price had reached 87 yuan, and it was close to 93 yuan during the trading session, which was only 10% to 15% away from the 100-yuan stock.
I am not sure whether the future trend will continue to rise. If the main force of the butterfly effect turns around and pulls back, a large number of people will be trapped again, and this trap will not last for just one or two days.
However, judging from the current trading volume, the main force should not have sold all the goods, and the probability of a rise is still relatively high. But the stock is almost worth 100 yuan, and I can't recommend it to others without thinking.
The stock has risen from a bottom of 13 yuan to its current level, a nearly seven-fold increase. Even if it really rises to 130 yuan, becoming a ten-fold gold stock, the profit would be less than 50% if you intervene at the current price.
But if the main force chooses to clear out the stocks by smashing the market, causing the stock price to collapse, then buying at the current price may result in the price being cut in half or even cut in half again.
The risk and return are not proportional. Unless you are like Gu Junhao who has huge profits as a backup and has plenty of time to watch the market and a rich market situation, it is better to avoid such stocks.
"Oh my god, Brother T ran away again. Brother T cleared out his inventory again. I'm a little panicked."
"It's true. I was quite happy about today's big rise, but now I'm a little panicked after Brother T liquidated his positions. Over the past two months, every time Brother T liquidated his positions, the market would fall sharply."
"Um, didn't Brother T say that he would find a chance to bring her back tomorrow? Why are you panicking?"
"The key point is that we didn't get Wangsu Technology, so of course we panicked..."
"Eh? Brother T left just after get off work? Then I'll just place an order to sell at the flat price tomorrow morning. I'll still make 28% profit. That's fine."
"Brother 68 is still the best. He has made a profit of 28% this month, which is better than most people. No doubt about it."
"Jealousy drives people crazy. Brother 68 is going all-in this time."
"I really want to borrow Brother T's brain for a few months to help me get out of this predicament..."
Gu Junhao went out after posting the message, and did not reply to any messages. From the first time he opened a position in Wangsu Technology to now, including the one time when he avoided a big drop, even if he did not do T operations, as long as he avoided that big drop, his profit would have doubled.
If you were the first to follow up, there would be no problem in getting a 50% profit. It is not a wise decision to follow up at this time, even if there is still room for growth in the future.
However, if I really take back NetEase Technology, I will still post what needs to be posted. The amount of funds I have does not constitute suspicion of manipulating the stock price, so there is no need to be afraid of anything.
It was already evening when Su Mingyu saw Gu Junhao's post. He asked Gu Junhao for his opinion on QQ. Gu Junhao didn't say much, but just said that the support around 80 yuan was still there.
Su Mingyu is not a person who knows nothing . After looking at the trend of Wangsu Technology, he determined that the support of 80 yuan is still there. The current price is 87, which is a limit down correction range. It is not a big problem, so he decided to continue holding it.
"What are your plans for New Year's Day?" Zhang Yiru asked while looking at Gu Junhao who was replying to messages beside her.
It was too cold to go shopping outside, so after dinner they stayed in a cafe and ordered two cups of coffee.
"New Year's Day is only one day off, what can we plan? Do you have any ideas?"
"How about coming with me to my house?"
"Going to your house? To meet Teacher Zhang and his wife?" Gu Junhao asked in surprise. Is he going to meet the parents so soon?
"What's your reaction? It's not like you haven't seen it before. We are all so familiar with it." Seeing Gu Junhao looking at her in surprise, Zhang Yiru said shyly.
"Well, how can it be the same? I used to go to your house to take classes, but now I have kidnapped the teacher's daughter. I still feel guilty."
"What do you mean by 'run away'? That sounds so harsh. Stop talking nonsense and just say whether you're going or not. I've seen you trade stocks, going in and out, and talking nonsense on the Internet, and I've never seen you feel guilty." We had to go all out. Now that we had said it, we had to go home together and take a look.
"Go ahead. I didn't say no. Let's go shopping together this weekend." It's something we have to face sooner or later. There's nothing to be afraid of. After figuring this out, Gu Junhao felt relieved.
"No need to buy anything, just keep it simple." Seeing Gu Junhao agreed, Zhang Yiru also became happy.
"Wait, what did you mean by me going in and out of stocks and talking nonsense on the Internet?"
"It's meaningless. Go back quickly. You have to go to work tomorrow." Seeing that she had let the cat out of the bag and almost exposed that she knew Gu Junhao's identity, Zhang Yiru quickly changed the subject.
This is my little secret. I won’t tell him yet. Haha~
"Okay, let's go." It was almost ten o'clock and the cafe was about to close, so it was time to go back.
No words were spoken overnight, Thursday. The Shanghai Composite Index opened at 2106.66 points, slightly lower, the ChiNext Index opened at 1290.87 points, and Wangsu Technology opened at 87.87 yuan, both slightly higher.
"Something is wrong. It's understandable that the ChiNext Index opened high, but with the trend of Su Technology yesterday, it didn't even open low today?"
