Chapter 85: ChiNext Index Falls for Five Consecutive Times
Dafu Technology opened flat in the morning and then fluctuated downward. The stock price once fell by nearly 3%. However, looking back at the information on the trading quotation, the ability to take over is still good, and there are continuous buy orders.
By the time Gu Junhao re-entered the trading interface of Dafu Technology, Dafu Technology had turned positive, and at 10:08 it had risen to 34.48 yuan, breaking through yesterday's high and increasing by nearly 3%.
"The ability to undertake is good, and the volume is also quite good. It looks like we will continue to accelerate today."
Having missed the first half hour of trading, Gu Junhao looked back at the previous intraday transactions one by one. In the green phase, Dafu Technology sold mostly small orders, while the orders it took over were mostly large orders.
Dafu Technology turned red and rose to a new high. After a slight decline, it continued to maintain a volatile upward trend. However, the index did not look good at this time.
The Shanghai Composite Index was suppressed by the 30-day and 60-day moving averages, and it continued to fluctuate around 2057 points. The fluctuation range was only about 15 points, and the index kept turning red and green.
The ChiNext Index was even worse. It opened low and fell to around 1307 points in the morning, then rebounded slightly. However, it has now fallen back to around this position. Judging from the trend, it is destined to break 1300 points today.
As for whether it can be recovered, Gu Junhao feels that there is not much hope. The trading volume of the ChiNext has been extremely sluggish this week, with the highest trading volume on Tuesday being only 20.6 billion, and the trading volume in other time periods was all below 20 billion. Today's trading volume has not improved. Under the condition of inactive trading, it is difficult for the index to perform well.
Here we have to say that the main capital of Dafu Technology really knows how to play. In the early stage, it has been following the index and going against the market trend. When the stock price starts to accelerate, it continues to go against the market trend. Naturally, it gives the market the feeling that this is natural. Some retail investors will naturally think of him when the index falls.
This month, all major theme concept sectors, except for the restructuring concept, have basically all died out. Dafu Technology has been able to maintain its outstanding performance when many themes have died out, and the main funds have made an indispensable contribution to this.
Dafu Technology's trend in the morning was almost identical to that of yesterday morning. After a wash-out, it fluctuated sideways for nearly an hour and began to rise around 11 o'clock.
At 11:15, Dafu Technology hit a new high of 35.66 yuan and then began to slowly fall back, eventually closing at 35.25 yuan at noon, up 4.97%.
"Looking at the trend, it should be related to the hot money from yesterday." The amplitude in the morning was close to 10%. It might be on the Dragon and Tiger list again today.
After the afternoon trading began, the ChiNext Index continued to fall sharply, and the Shanghai Composite Index also began to move downward after several unsuccessful attempts to hit the pressure level.
As for Dafu Technology, its trend was the same as yesterday. It started to rise at the opening of the afternoon session. Half an hour later, the stock price was 36.76 yuan, a huge increase of 9.46%, and the amplitude was as high as 12.75%.
"Looking at this situation, the Dragon and Tiger List should be booked again today." Gu Junhao said while looking at the intraday chart in a good mood.
I have to say that the tactics of these hot money are really interesting. The same trend has been maintained for two consecutive days, and the market has not been closed. Compared with the unknown hot money that came in in the early stage and closed the market as soon as it came in, it seems more like an institution is operating, not hot money.
“Is this the routine used by all the big guys?” This is also a learning process. Not all hot money is betting on closing the board or the next day. There are also many large-scale hot money in the market, or it may be more appropriate to call them big individual investors.
For example, the big boss of Shenzhen Hongling Middle Road who sold more than 30 million yesterday, you don’t even know when he lurked in, and he grasped the timing of selling very well.
Dafu Technology last touched the price of 36.71 yuan at 1:53 and then began to slowly fall back. The overall trend was the same as yesterday, except that the time in the afternoon was a little earlier.
The price of 36.76 yuan was also the highest price today. Dafu Technology finally closed at 35.72 yuan, up 6.37%. The trading volume increased again, reaching 640 million yuan, 90 million yuan more than yesterday's 550 million yuan.
In terms of turnover rate, Dafu Technology also reached a new high of 6.28% today. Judging from the K-line, if the false negative line on Tuesday, the earnings forecast day, is regarded as an increase, then Dafu Technology has had an extremely strong five-day winning streak this week.
On the day of the false negative line, the stock price actually rose by 0.89%, which can barely be considered a positive line. From the weekly line, Dafu Technology has formed a huge positive line this week, with a weekly increase of up to 24.42%.
In sharp contrast, the ChiNext Index, where Dafu Technology is located, finally fell 2.09% on Friday. The index fell below 1,300 points to close at 1,291.90 points, and had five consecutive negative trends on the daily line. The decline this week was as high as 6.21%.
Although the Shanghai Composite Index turned positive one day this week, it was not much better. It closed lower for four out of five trading days and finally closed at 2036.52 points, down 2.92% for the week. Next week is expected to be another battle to defend 2000 points.
After the market closed, Gu Junhao looked at the trend of today's star stock Guanghui Energy. Guanghui Energy rose and fell today, and the stock price remained below the intraday yellow moving average throughout the day, but in the end it still rose by 4.58%, and the trading volume reached a huge amount of 1.99 billion yuan.
The trading volume of the entire ChiNext today was only 16.76 billion yuan, but the trading volume of one individual stock, Guanghui Energy, exceeded 10% of the entire ChiNext , approaching 12%.
Even the Shanghai Composite Index, to which it belongs, had a total trading volume of only 74.1 billion yuan today. For the Shanghai Composite Index, which is dominated by big finance, a full-day trading volume of nearly 2 billion yuan is quite scary.
"I don't know if there will be a chance to escape this stock next Monday." Gu Junhao murmured as he watched the trend of Guanghui Energy.
Although Guanghui Energy ended up closing up nearly 5% today, with a long upper shadow on the K-line and such a huge volume, Gu Junhao is still not optimistic about its recent trend. With such a huge volume, it is almost impossible for subsequent volume to keep up in the current market, and the trend will naturally not be much better, at least in the short term.
As for Gu Junhao himself, this week is worth celebrating. While the market value exceeded 10 million yuan, Dafu Technology's final weekly closing price of 35.72 yuan also increased its total market value to 12.5 million yuan.
35.72 yuan is less than 10% away from the expected price, so there is a high probability of shipment next week.
In fact, when the price rose to more than 9 % today, Gu Junhao almost couldn't help but sell out. The volume today was too huge, which made Gu Junhao a little scared.
Such a huge amount of volume is released at a high level. Although the trend is not bad, the volatility will definitely intensify anyway.
This can be seen from the fact that the smallest volatility of Dafu Technology this week was as high as 7.54%. In this kind of large-scale oscillation market with trading volume several times higher, it is better to get out early, otherwise you will suffer if the capital cannot keep up one day.
At half past five, the Dragon and Tiger List data was updated, and Dafu Technology was indeed on the list.
