Chapter 44: Dragon and Tiger List
"Wow, it jumped 5% and exceeded the previous high? This shows that they are not going to let those who got off yesterday get on. It seems that they are really going to start the final pull-up." Such an opening also surprised Gu Junhao.
Although it was judged that yesterday's trend was like a fairy's guidance, I did not expect that today's Wangsu Technology would be so strong. With the ChiNext opening low, funds were so eager to buy shares in the call auction stage.
When the market opened at 9:30, a large buy order of 5,600 lots appeared on Wangsu Technology's disk, which quickly pushed up the stock price to 110.09 yuan, an increase of 10%.
"Oh my god, where is this money from? They are too hasty, right? They just threw 60 million at the stock price to close the market?"
This method is undoubtedly that of hot money, which is to use the ability of money in a simple and crude way, and want to quickly grab shares and close the board without considering the factor of turnover at all.
In this case, there is no need to wait. Just follow the opportunity to do a T and buy it back after the turnover is sufficient. As for selling it? It's sold at a price of 110.09. If 40,000 shares are sold, there will be more than 4.4 million funds, and a profit of 400,000 in one day. What else is there to be dissatisfied about?
Sure enough, under the premise of insufficient turnover , this kind of rapid closing behavior is not advisable. Not to mention the controlling institutions inside, even retail investors like Gu Junhao have accumulated a large amount of profit-taking. Many people think of selling directly when they see the price limit.
The stock has just hit the daily limit after opening. There is still plenty of time for trading today. Even if it is blocked and you cannot buy it back, the ChiNext has already opened low and ended high. You can also look for new hot stocks. If you are lucky, you can hit two daily limits today.
Sell orders poured in one after another, and Wangsu Technology quickly opened the stock price less than five minutes after it was closed.
After the explosive opening, the trading volume of Wangsu Technology tended to be stable, the orders that should have been run had almost been run, and the turnover also increased.
At 9:50, with the last sell order of 3,000 lots, which pushed Wangsu Technology to the all-day low of 102 yuan, bargain-hunting funds began to appear on the market, including Gu Junhao.
Without the financial advantage of a large order of 1,000 shares, Gu Junhao continued to raise the order price, and finally successfully took back the chips with the current amount of funds at the price of 104 yuan. Today was also a big T, but this time Gu Junhao did not choose to increase his position, but took back his 40,000 shares of chips, leaving 250,000 yuan in the account.
Firstly, the price of Wangsu Technology is already so high, and if you increase your holdings further, your risk will increase a lot. There is no need to do so. There is no end to making money. When investing in stocks, including other financial products, controlling risks is always the most important thing.
The second reason is that the Chinese New Year is coming soon, and it is reasonable to keep some money on hand, since I still need to buy a house later. If I have a chance in the next few days, I will still T, but I will not increase my holdings. In addition to spending, I will use the money from T to make up the down payment for the house.
After Wangsu Technology bottomed out and rebounded at 102 yuan, it did not rush to rise to the daily limit price again. Instead, it oscillated back and forth around 107 yuan below the intraday yellow moving average, which was reflected as a high-level red cross K on the real-time K-line chart.
As time passed, Wangsu Technology saw another rise at around 10:10, and the stock price once again stood above the yellow moving average of the day. The turnover rate at this time had reached 3.5%, close to the turnover rate of the whole day yesterday.
For such stocks with deep control, excluding some major shareholders who cannot trade, a 3.5% daily turnover is not a small amount. The method of institutional traders is to pull up and sell at the same time, unlike hot money, which withdraws shares by more than 10% during the day.
If there is a large turnover on a certain day, which exceeds the average turnover by much, you should pay attention.
After Wangsu Technology once again stood on the intraday yellow moving average, there was no excessive hesitation. The trading volume on the market rose again, and the stock price quickly rose to oscillate near the upper limit price. At 10:40, two large orders once again pushed the stock price to 110.09 yuan.
"This wave should be closed. Yes, if it is closed, the future market will be promising. Otherwise, I will probably run away tomorrow." As the number of orders on the daily limit increased little by little, Gu Junhao also relaxed.
Currently, the turnover rate of Wangsu Technology is 4%. There are 1.5 billion yuan of funds blocked at the upper limit price, at the price of 110 yuan. With such a large amount of funds blocked, it is almost impossible to open the board except to cancel the order.
"Awesome, it's hitting the daily limit again. With this trend, there's no doubt that it's a 10x gold stock. Let's set the expected selling price at 135.20 yuan." This is what Gu Junhao said to Su Mingyu.
Su Mingyu was very excited after Wangsu Technology hit the daily limit again. He exited Zhongqingbao last year and went to Wangsu Technology. This rising trend continued for a whole year. He did not expect that it would have a good start again at the beginning of this year. Wangsu Technology has risen by 26% from the opening on the 2nd to now, and his own holdings have reached a huge amount of 1.32 million.
"I didn't expect Brother T to have such a bad taste..." The selling price was set at 10 times the lowest point, which was really a bad taste. However, what Brother T said was not bad. Today's daily limit basically set the tone for Wangsu Technology. It is only a matter of time before it increases tenfold, and this time will not be too long.
A stock that increased tenfold almost made me sell it at around 60 yuan. Looking back now, it is hard to believe that my original expectation was even higher than the lowest price of this round of increase.
"There is still a lot to learn, and my vision is not big enough. Fortunately, I met Brother T, and he is willing to teach me." Su Mingyu couldn't help but sigh.
Thinking of this, Su Mingyu couldn't help but make a decision. He must find an opportunity to go to Ningbo and meet Brother T in person to express his gratitude and learn from him.
After Wangsu Technology reported the daily limit at 10:40, it did not open the daily limit again throughout the day. At the close of the market, the turnover rate reached 5%, and the transaction amount was 554 million yuan.
Gu Junhao updated his post on Taoguba at noon. His account held a market value of 4 million yuan, and he had 250,000 yuan in available funds. This was the first time that his position was not fully invested. I wonder if you can notice this.
There is nothing wrong in holding stocks at the bottom and cash at the high. If you can understand this, you would not have been stuck in 2015 when the ChiNext was 4,000 points and the Shanghai Composite Index was 5,178.
As for where the bottom and the top are, it depends on personal expectations and insights, and it cannot be generalized.
The ChiNext Index also opened low and ended high today, closing up 1.57% for the day. After reaching a high of 1493.64 points, it closed at 1484.43 points. The transaction volume has exceeded 40 billion for three consecutive trading days . Although it cannot be compared with later generations, it is still very high at the current time point.
As for the Shanghai Composite Index, today was still a calm day, but at least it closed in the green, finally closing at 2054.39 points, up 0.6%, which is not bad, making both markets close in the green, so that everyone can have a good weekend.
At 5:30, the Dragon and Tiger List was updated, and Wangsu Technology was on the list again.
