Chapter 80 Funding Exceeds 10 Million
Unlike Su Mingyu, normal retail investors like Liu Lixin are not very good at analyzing financial reports seriously. They cannot understand the details and can only take a general look at it. Some of them don’t even know about the announcement. They only look for good news in various news when they are stuck.
People like them who buy by following the trend only care about the stock price and will not pay attention to other news about individual stocks. Whether they make money or not depends entirely on the market situation at the time of purchase.
On April 22, affected by yesterday's plunge, the Shanghai and Shenzhen stock markets opened lower as expected. However, Dafu Technology was affected by the quarterly report that exceeded expectations and opened nearly 1% higher at 29.46 yuan.
"It didn't open very high, and the sentiment is okay." Perhaps affected by the sentiment of the two markets, Dafu Technology did not open significantly higher, pushing the sentiment to the extreme. This is also the result that Gu Junhao wanted to see.
The best trend is a steady rise in stock prices. When emotions reach their peak, stocks that hit the daily limit will easily rise or fall, and it is difficult for people to grasp the trend .
After the trading started, the Shanghai Composite Index opened low and continued to fall, while the ChiNext Index rose slightly, but was suppressed by the 10-day line and maintained fluctuations in the red to flat range.
There is nothing to pay attention to the index anymore. It maintains this sluggish and the trading volume is so sluggish. As the saying goes, a long-term consolidation will inevitably lead to a fall. Without a big drop, it is impossible for off-market funds to enter the market.
Back to the Dafu Technology interface, Dafu Technology ushered in a battle between bulls and bears as soon as it opened. A sell order of 2,183 lots was instantly caught by a buy order of 2,200 lots.
After the large sell order was taken, Dafu Technology no longer had any sell orders of more than 100 lots. Instead, there was an endless stream of buy orders of thousands of lots. After the opening confrontation, the bulls temporarily suppressed the bears.
At 9:31, Dafu Technology's share price was 30 yuan, breaking through the previous high of 29.98 yuan. Five minutes later, Dafu Technology's share price broke through again, reaching 30.40 yuan, an increase of more than 4%.
After two minutes of adjustment, Dafu Technology's stock price rose again. At 9:43, the stock price was 31 yuan, and it rose by more than 6% in less than fifteen minutes after opening.
"Something is wrong. The pull orders are all for one or two hundred lots, while the sell orders are all for more than three or four hundred lots." When Dafu Technology was rising, Gu Junhao found something strange.
Different from the various large orders at the beginning of the opening, this wave of rising Dafu Technology's trading quotation instead showed a sign of small orders pushing up and large orders selling.
"Observe further, it seems that even if the main force is not selling, it seems to want to make a push to do T." Combined with the performance of the previous rise and fall on the day of the earnings forecast, today's rise is somewhat abnormal.
At 9:45, Dafu Technology surged to 31.43 yuan with a buy order of 190 lots, an increase of 7.71%, and it seemed that it was about to hit the daily limit.
At this point, Gu Junhao finally determined the abnormality of today. With less than 600,000 yuan of funds, it is impossible for this amount of funds to hit the daily limit, and a decline is certain.
"I'll sell it too. You guys take small orders, and I'll take small orders too."
The stock price surged by nearly 8%. Big T Gu Junhao still wanted to try it. Even if he made a mistake and Dafu Technology was really capped by big funds, the worst that could happen is that he could just try to get it back tomorrow.
3,300 lots were sold in 12 transactions, with an average of 275 lots per transaction. At this time, the sentiment of Dafu Technology was ignited, and countless individual orders flocked in, and the volume was enough to digest Gu Junhao's sell order.
Ten minutes later, all of Gu Junhao's sell orders were executed, with an average transaction price of 31.20 yuan and a capital recovery of 10.296 million yuan.
"Finally, the market value is tens of millions. It sells quite well." The account funds exceeded 10 million for the first time, and Gu Junhao was also cheered up. After working for so long, he finally looked like a successful individual investor. With tens of millions of assets in the stock market in 2014, he was definitely a big investor.
After reaching the price of 31.43 yuan, Dafu Technology stopped rising. At 9:57, more than 500 sell orders continued to emerge on the trading page, and the stock price fell below 31 yuan to 30.67 yuan one minute later.
At this time, the ChiNext Index also turned green along with the Shanghai Composite Index, and the two markets continued to decline after fluctuating.
At ten o'clock, Dafu Technology fell below the yellow moving average of the day, closing at 30.25 yuan, and fluctuated down 4% in fifteen minutes.
"You're so cunning. I'm not in a hurry. Let me see your performance." Seeing that Dafu Technology was still using small orders to pull up the market and the large orders to sell were oscillating around the yellow moving average, Gu Junhao was sitting on the Diaoyutai and was not in a hurry to take it back.
At 10:24, after Dafu Technology's price rose to 31.15 yuan, it was once again hit by a large order, and the stock price fell below the yellow moving average again.
"The three high points in the morning trading are lower than the last, and there is no hope of rising higher." It is the same old routine as on March 28, but I don't know if the price will continue to fall below the five-day line this time.
In the following hour, although Dafu Technology did not have a big drop, its stock price continued to fall. It closed at 30.29 yuan in the morning, up 3.80%.
In terms of indexes, the indices of both markets fluctuated downward in the morning session. As for the Shanghai Composite Index, the heavyweight stocks showed signs of supporting the market, and the decline was not large, only falling two points to 2064.73 points.
The performance of the ChiNext Index was exceptionally tragic, with the theme dying out and no weight to support the market, it plunged 2.26% to close at 1333.61 points.
"The ChiNext fell first, so there must be some news that the funds knew in advance." However, the recent negative news is nothing more than the restart of the Shanghai-Hong Kong Stock Connect and IPOs, so there is no need to worry too much.
After taking a break at noon and eating and drinking, we continued our battle in the afternoon. After 25 minutes of fluctuation, Dafu Technology also fell year-on-year as the ChiNext Index plunged again. At 1:25, it closed at 29.69 yuan.
The ChiNext Index also fell to its lowest point at 1317.10 points, a sharp drop of 3.55%.
However, in terms of volume, both the index and Dafu Technology have shrunk a lot compared to the morning, and several large orders have appeared at the 29.70 yuan position and started to buy continuously.
With the continuous inflow of funds, Dafu Technology's share price returned to above 30 yuan at two o'clock, closing at 30.34 yuan, and the ChiNext Index also retreated slightly at this time.
"It should be about the same. The index has fallen by 3%. We can find an opportunity to buy it back." Gu Junhao thought as he observed the market.
However, the situation suddenly changed at this moment. Dafu Technology fell again without any warning. Hundreds of small orders were able to quickly bring down the stock price. In less than ten minutes, Dafu Technology fell below 30 yuan again.
"Huh? Is this causing panic?" Looking at the market like this, Gu Junhao was speechless. The selling pressure had obviously been reduced a lot, but it was actually brought down by some small orders. Who said that we retail investors have no power?
It's an opportunity. I originally planned to buy it back around 30 yuan. In this case, let's try setting the price above the five-day line to the opening price.
The five-day line price of Dafu Technology today is 28.87 yuan. Considering that there is no big capital in this wave of market smashing, Gu Junhao does not plan to place orders too low. He places orders in batches between 29 yuan and 29.50 yuan above the opening price.
At 2:27, Dafu Technology fell to 29.50 yuan, and the first order was executed, 389 lots. Since then, the stock price has been falling. At 2:30, Dafu Technology was reported at 29 yuan, and the stock price turned green.
One minute later, the price was reported at 28.79 yuan, close to the five-day line. At this point, more than half of Gu Junhao's buy orders had been executed. The reason why the stock price was lower than his order price and not all of them were executed was that there were not many sell orders on the market.
When the price was near the five-day line, Dafu Technology's volume reduction had reached its extreme within the day.
28.79 yuan is also Dafu Technology's lowest intraday price. As the trading volume has shrunk to the limit, it also shows that the panic sentiment of Dafu Technology has passed.
The panic has disappeared, and naturally there is an influx of bargain-hunting funds. In the following half an hour, Dafu Technology rebounded step by step, and the final closing price of the stock price was fixed at 29.44 yuan.
Gu Junhao finally took back his holdings, and it was still fully invested, but this time the chips reached 3,500 lots, and the average transaction price was 29.41 yuan.
There is no way to avoid the high average transaction price. When the stock turns green, there are too few sell orders, and my own capital is not small, and I still have to compete with others for chips .
