Chapter 83: Accelerating Upward
The trading volume has shrunk to the extreme and the sentiment is close to the freezing point. This moment is often the most panicked moment for the retail investors. However, this situation generally will not reverse. Instead, it will be accompanied by a panic sell-off. Only when the panic sentiment is brought to the real freezing point will smart off-market funds enter the market.
Whether it is the Shanghai Stock Exchange, the Shenzhen Stock Exchange, or the ChiNext Index, they are all facing the same situation at the moment. The negative news off the market is like the sword of Damocles, the trading volume on the market is sluggish, and the trend is ugly.
Under such circumstances, the time came to Thursday, which was the legal day of decline in metaphysics. Under such circumstances, the trend naturally did not generate expectations, and both markets opened lower as expected.
The Shanghai Composite Index opened at 2064.16 points, lower than the five-day line and barely holding the 60-day line. The ChiNext opened at 1325.84 points, moving down nearly 20 points from the five-day line.
Most stocks in the two markets opened lower. Even though Gu Junhao knew that a big bull market would start in the second half of the year, he still felt a headache looking at the trend.
If I hadn't held Dafu Technology, this kind of drowsy market would really make it hard to arouse interest in watching the market. Dafu Technology opened at 31.03 yuan today, up 1%, forming an upward gap between 30.72 and 31.03 yuan with yesterday's closing price.
During the call auction, Dafu Technology traded 3,800 lots with a turnover of nearly 12 million yuan, which is nearly three times the trading volume of yesterday's call auction.
"Wow, a large volume and upward gap, is this preparing to accelerate shipments?" It seems that the main capital can't bear it anymore. If so, then the goal that he originally expected might really be achieved this month.
It is really intriguing that the main force chose to launch the stock price offensive in this period of time. In such a sluggish market, a stock with a monthly increase of nearly 60% is enough to attract attention. Dafu Technology's unusual movement today has attracted the market's attention.
"What the hell? It was so powerful, but it just missed the jump."
"I sold it at the closing auction yesterday. I thought I had sold it at the highest price, but I didn't expect there is always someone better."
"It was washed out after breaking the 5-day line yesterday. I didn't dare to chase it after it was pulled up. I watched it go higher step by step..."
"Come on, main force! I bought 1,000 shares at 29 yuan yesterday. Looks like I can have a good meal today."
“Good stocks are either at new highs or on the way to new highs. It’s a pity that I discovered it too late and didn’t dare to buy in.”
At 9:30, official trading began. Dafu Technology received continuous large orders. It took only three minutes to break through the year's high of 31.44 yuan, and the stock price was 31.50 yuan. Two minutes later, a buy order of 1,100 lots brought Dafu Technology's stock price to 31.94 yuan, a five-minute increase of 4%, ranking among the top five in the intraday increase list.
"It's quite strong, with such a large volume at the opening." However, Dafu Technology has entered the adjustment stage at this time, and the stock price began to slowly fall and adjust after reaching 31.98 yuan.
At 9:50, when Dafu Technology fell to 30.85 yuan and there was still a gap of 0.13 yuan on the K-line, buy orders of 500 lots, 700 lots, and 300 lots one after another brought the stock price back above the opening price.
The stock price's decline has stabilized, giving bottom-fishing funds greater confidence. Short-selling funds also seem to have chosen to stop at this time, and both sides choose to compete near the yellow moving average during the day.
It was eleven o'clock, and there was only half an hour of trading time left before the morning closing. At this time, Dafu Technology's trading quotation once again burst out with a wave of volume, and the stock price rose step by step from below the yellow moving average of the day.
The stock price rose step by step in a step-by-step manner. In just 20 minutes, it fell below 32 yuan again, reaching a new intraday high of 31.99 yuan.
2000 lots. A buy order for 2000 lots appeared , and the 32 yuan integer mark was instantly broken.
Gu Junhao stared at the computer with his eyes fixed. Seeing this breakthrough, he couldn't help but whispered, "Beautiful, a big order breakthrough. After the breakthrough, it will be support . It seems that today's price will close above 32 yuan."
At the closing time at 11:30, Dafu Technology fell slightly from the intraday high of 32.50 yuan to 32.23 yuan, which was also the closing price at noon today. As for the index, the Shanghai Composite Index turned slightly positive in the morning and remained green at the close of the midday market, repeatedly fighting around the 60-day line trend position.
After three consecutive declines in three weeks, the ChiNext Index continued to fluctuate and fall today, closing at 64 points of 1313, a drop of nearly 1%. With four consecutive declines, the 1300 point level is also shaky.
At the midday closing, after finishing his lunch, Gu Junhao looked through the market news. There was no major news in the market at the moment, and it was in a state of news vacuum, with only some big V experts making calls.
It seems that the stock price will continue to fall. There is not even any news of supporting the market. There is no need to pay attention to the major market trends. Let's just focus on Dafu Technology.
When the market opened in the afternoon, Dafu Technology's first transaction received a large order of thousands of shares, and the stock price quickly rose from 32.23 yuan to 32.45 yuan. Five minutes later, the stock price once again set a new intraday high.
"The volume increased immediately after the opening. Is this going to hit the daily limit?"
Dafu Technology, which has set a new high, has not stopped its upward trend. The stock price has been pushed up all the way, reaching 33 yuan at 1:11, with a stock price increase of more than 7% and continued to increase in volume.
The strength of Dafu Technology formed a sharp contrast with the downturn in the two markets, and the stock trading area was also extremely lively. At this time, Tonghuashun had not yet launched a ranking of popular stocks. If there was such a ranking, I believe Dafu Technology would definitely rank among the top.
At 1:15, Dafu Technology rose to more than 8%, and chips began to appear on the trading market, but there were more funds to take over.
After the stock price starts to rise, in the absence of absolute control, it is impossible for the stock to collapse in a short period of time even if a large amount of funds are dumped into the market.
The main capital of Dafu Technology obviously has no intention of absolute control over the market. Water has ever-changing trends, and what the main capital needs to do is to play a guiding role, which is the most brilliant means of trading.
Seven minutes later, Dafu Technology fell to 32.31 yuan and then stopped falling and fluctuated. It did not even fall below the opening price at noon, which shows its strength.
Just like the trend in the morning, Dafu Technology fluctuated sideways between 32.50 yuan and 33.20 yuan for nearly an hour until the stock price rose again at 2:30.
"It's the magical half past two."
After a period of sideways consolidation at a high level, Dafu Technology's trading volume once again expanded to the same level as the noon stage. The stock price soared to 33.76 yuan in a short period of time, approaching the daily limit.
However, there was no large order to close the market at this time, and the time was close to the closing stage, so Dafu Technology's highest price this year was also fixed here.
Without the funds , Dafu Technology's share price also fell back, and finally closed at 33.58 yuan, a daily increase of 9.31%. The trading volume exceeded 500 million for the first time, reaching a huge 550 million.
As for the two markets, they continued the trend in the morning and finally closed in the red. The ChiNext Index had four consecutive negative lines, and there was no trading day that closed in the red this week.
