Chapter 76: The price limit at the end of trading
Yesterday, the A-share market as a whole was dominated by shock consolidation. Affected by the weight of the market protection, the Shanghai Composite Index regained its six-month line and turned positive in the late trading, marking six consecutive positive trends.
The ChiNext Index finally closed in the green thanks to the rebound of theme stocks, but the trading volumes in the two markets shrank significantly, and the rebound volume was somewhat insufficient.
It is still unknown whether the two markets can maintain the rebound today, but the macroeconomic data for the first quarter will be released tomorrow. The performance of the market today indicates the funds' views on the macroeconomic data.
At 9:25, the two markets' call auction established the final quotes. The Shanghai Composite Index opened at 2125.90 points and the ChiNext Index opened at 1375.69 points. Both markets opened lower.
"The mood is a bit wrong." Looking at the opening results of the two markets, Gu Junhao began to think. It is understandable that the ChiNext opened low due to pressure, but the Shanghai Composite Index opened directly low and the high point moved down again, which had a significant impact on investment sentiment.
Looking at my own holdings in Dafu Technology, it opened quite well today, opening at 25.10 yuan, and did not follow the other two markets to open low. The stock price still maintained a bullish trend.
Both markets opened low and continued to fall. After the opening of Dafu Technology, it fluctuated slightly downward. Four minutes later, the stock price turned red again. The overall trading volume was the same as yesterday's opening.
Judging from the trading quotation, although Dafu Technology did not release a large volume, there were few sell orders, which also caused the stock price to fluctuate upward.
At 9:45, a buy order of 705 lots pushed the share price of Dafu Technology to 26 yuan, with a stock price increase of more than 3%. At this time, both markets showed a unilateral decline.
"Not bad, it looks like the market will go against the trend again today." Although there are no large orders, there is not much selling pressure, which is also okay.
The share price of Dafu Technology did not stay at the integer mark of 26 yuan for long. Less than a minute later, the share price began to rise again. At 9:50, the share price of Dafu Technology was 26.30 yuan, an increase of 4.78%.
After three minutes of consolidation, two buy orders of more than 500 lots caused Dafu Technology's share price to break through the 26.50 yuan level, marking the first time that the intraday increase exceeded 5%.
"Not bad. As long as there are no large orders to crash the market, there will most likely be a big positive line today." After half an hour of trading, the tone of Dafu Technology today has basically been determined.
In the case that the two markets opened low and went down and fell unilaterally, they were able to pull up 5%, and there were no large orders to smash the market. As long as there was no sudden sharp drop in the market, it should not be a problem for Dafu Technology to close with a medium-sized positive line today.
At 9:56, Dafu Technology began to fall after hitting a new intraday high of 26.68 yuan.
After ten minutes of sideways fluctuations at a high level, Dafu Technology's stock price began to rise again from 26.30 yuan.
26.50 yuan, 26.60 yuan, 26.70 yuan, Dafu Technology continued to break through highs until the stock price reached the integer price of 27 yuan at 10:16.
"Yes, this is a good stock and it won't trap anyone." At the price of 27 yuan, it is only less than 0.4 yuan away from the previous high of 27.39 yuan.
In just four trading days, the stock price was able to recover again. Even if you bought it at the highest price of 27.39 yuan, you are only trapped by less than 2 points. This is the characteristic of a good stock, it will never trap you.
Of course, this only works when the stock is on an upward trend. If you buy when the stock is on a downward trend, even a stock like Mao Tai can be trapped.
After hitting a high of 27 yuan, Dafu Technology's stock price began to fluctuate downward. This is understandable as there were a lot of trapped shares in the early stage that require some time to digest.
Even so, Dafu Technology's stock price has never fallen below the intraday yellow moving average , and has always been adjusted above it, and the stock price has performed relatively strongly.
"A benign adjustment. It looks like we can see a higher level today, more than just a medium-sized positive." There has been no large order fleeing from the trading board, showing that the market is particularly frugal.
The adjustment lasted for an hour. At 11:17, a buy order of 1,366 lots was placed on the market, which once again brought Dafu Technology's stock price back to 27 yuan.
"It's good that the selling volume is light. More than 1,000 lots can be pulled back directly." Seeing Dafu Technology return to the price of 27 yuan again, Gu Junhao was also very happy.
During the ten minutes of trading before the midday closing, Dafu Technology no longer fell below 27 yuan and finally closed at 27.16 yuan, up 8.2%, with trading volume slightly larger .
At the midday close, the Shanghai Composite Index continued to maintain a unilateral decline pattern, closing at 2114.56 points, a drop of 0.8%. Big financial, real estate and cyclical stocks led the decline. The market focus was mainly on map speculation. Following yesterday's XJ sector surge, today the XZ sector collectively soared, taking over the XJ sector as today's market hotspot.
Affected by theme stocks and map speculation, the ChiNext performed slightly better than the Shanghai Composite Index in the morning, closing at 1380.20 points at noon, closing slightly higher.
"The big financial sector has fallen so badly, it seems that the macroeconomic data is not ideal." The performance of the big financial sector has always been closely related to the macroeconomic data. Today, the long funds have no performance, it seems that they are bearish on the macroeconomic data.
Without the support of big finance, the Shanghai Composite Index will probably not be able to rise for seven consecutive days. I just don’t know whether it will lead to the collapse of the ChiNext.
The midday closing ended and afternoon trading began. The market continued to fall, and the ChiNext Index also began to plunge due to the drag of the market.
Dafu Technology also welcomed the first large order of the day at the beginning of the trading at 1 o'clock, with 1,434 shares. The stock price dropped directly from 27.16 yuan to 27 yuan, officially starting the afternoon's volatility consolidation.
Within half an hour, the ChiNext Index was close to turning green again, and Dafu Technology also slowly adjusted to a position near the intraday moving average.
"It should be enough to stabilize this wave." Except for the more than 1,000 lots of sell orders at the opening of the afternoon, there were no more than 200 sell orders on the market in half an hour, so there is no need to worry.
At 1:40, Dafu Technology once again pulled back to the integer price of 27 yuan, which was considered to have withstood the impact of the plunge in the ChiNext.
One order after another pushed up the share price of Dafu Technology step by step. Fifteen minutes later, an order of 739 lots brought the share price of Dafu Technology to 27.40 yuan.
"Okay, okay. We've passed the previous high on the 10th, and the selling pressure is much smaller." At this point, Gu Junhao was completely relaxed.
Dafu Technology was not afraid of the unilateral decline of the two markets today. Although there was no large order to pull up the stock price, it showed a gentle increase in volume throughout the day. The stock price continued to rise and finally broke through the previous high. This also laid the foundation for Dafu Technology to gather popularity again.
After two o'clock, Dafu Technology fluctuated at a high level and the capital inflow accelerated significantly. After digesting the selling pressure when the stock price fell below 27 yuan at 2:40, at 2:54, a buy order of 6,000 lots appeared on the Dafu Technology market.
"Oh my god, the stock price hit the daily limit in the final trading session? What kind of operation is this?" Gu Junhao couldn't help but be surprised when he saw the stock price of Dafu Technology go straight from 27.50 yuan to 27.61 yuan.
In fact, today's performance is pretty good. The stock price has broken through a new high. The volume and turnover are also good. It has directly broken through the big positive trend. There is no need to limit the price increase.
"I guess this is another crazy operation by some hot money. Let's look at the Dragon and Tiger List ."
By the closing time of 3 o'clock, Dafu Technology finally hit the daily limit, closing at a new high of 27.61 yuan, with a final transaction volume of 287 million yuan.
