Chapter 8 Things must turn against each other when they reach their extremes

Style: Romance Author: stock market hunterWords: 1114Update Time: 24/02/20 15:07:46
Today is Wednesday, December 28, 2022.

Yuan Sheng sat quietly in the main room alone, recalling a question that Zhang Sheng raised during yesterday's resumption of trading: Many new stocks have broken out recently... Will things turn upside down? What about surviving a desperate situation?

Stock trading actually requires teamwork, and the collision of different ideas often produces sparks of rationality!

Yuansheng immediately started counting. There are about 92 new stocks that have been listed since October 18, 2020, and 52 have already broken. Good guy, the breaking rate is 56%! Such a high break rate only occurs during a big bear market. Yuansheng decided to take a closer look at the four new stocks listed today at the opening of the market.

The moment the market opened, Zhang Shengcai hurried over...Yuansheng raised his eyes: "Sit down quickly, the computer has been turned on for you", Zhang Sheng was ashamed...

As soon as the opening price came out, there were 4 new stocks, 2 broke, one opened high, and one opened flat.

At 9:30, the stock price started to fluctuate. Xingshang, which I bought yesterday, opened 6.72% higher. The third order was sold out in seconds. Yuan Sheng had no intention of it. Focus on today’s new stocks. One of the new stocks, Yingshi, turned green after only rising for 5 minutes. Yuansheng chose to give up.

The other was Meimei, a new stock on the Beijing Stock Exchange. It was also broken, the stock price was high, and there was no attractive subject matter. Yuansheng chose to avoid it and did not consider it.

As for the new stocks on the main board, they are directly at the daily limit and cannot be bought. Yuansheng does not need to look at them.

The remaining new stocks went higher and higher, opening at 8.50 yuan and breaking immediately... After retreating to 8.40 yuan, they traded sideways. At 9:45, the first charge was launched. After it became popular, it rose to 9.60 yuan. Zhang Sheng asked: Do you want to buy it? Yuansheng replies and will take a look.

Yuan Sheng said: "There are not enough changes of hands, so I can't buy it. I will continue to wait and see."

At 10:44, Yueyue crossed the moving average again, and Yuansheng said: It’s time to buy. The two of them were already prepared and entered the car directly. All the chips were bought between 8.90 and 9.02 yuan, and the cost was 8.94 yuan.

At this time, Zhang Sheng said: "Ying Fei is fluctuating between 5% increase, do you want to sell?" Yuan Sheng said: "No rush, if the tail market does not rise to the limit, then clear the position."

At 10:50, Yueyue launched an attack, rising 7.75%, and then continued to trade sideways. About 10 minutes later, it made another effort, directly pulling it to the daily limit (up 30% from the opening) and was suspended for 10 minutes... ...

After the resumption of trading, the winning chips floated out like snowflakes... The daily limit was opened more and more, and the market continued to test the correction... It stabilized after the correction to 9.70 yuan, and finally closed at 9.97 yuan.

Huate still fell in the last 5 minutes. According to the original plan, they cleared out the last bit of chips, completely ending the battle of Huate.

Yingfei has not opened since the daily limit at 2:09, so Yuansheng will naturally continue to hold on to it. Let’s see how it will perform tomorrow (Thursday)?

Puhua continues to rise today, and Yuansheng doesn’t know where it will rise? Then continue to hold it. At the end of the day, it rose 6.13%.

The quietest one today is Xingshang. After the second board in the morning, the market was closed quietly until the close. Will it still be available tomorrow? This matter is known to heaven and earth, you don’t know and I don’t know, haha... However, judging from its performance today, it has great hope of hitting the board tomorrow. Can it be sealed? We won't know the answer until tomorrow.

After the market ended, Zhang Sheng asked Yuan Sheng why he selected Yue Yue? Yuansheng said: First, its product shipments ranked first in the world in 2020. The current stock price is only over 8 yuan, which is reasonable.

Second, it can go from a break to a red, indicating that there is money to take over, from weak to strong, and veterans like it. The first time it became popular, there was a possibility that it would be short-lived, so I chose to wait and see. Later, when it charged again, there was a high probability that it would be true this time, so I took a little advance notice. This was a risk I dared to take.

The stock market is full of variables. Yuansheng currently has 4 stocks in its hands, one of which was a latent flower material yesterday. What will happen next? (To be continued)