Chapter 10: Short-Term Strategy

Next...

Throughout the morning, the price of gold fluctuated in a narrow range between 1550 and 1520, with low trading volume.

Su Yu stared at the market and could not find a suitable entry opportunity.

Then, throughout the afternoon, until the stock market closed, the price trend of gold remained unchanged.

On the contrary, the Shanghai Composite Index, Shenzhen Composite Index, and ChiNext Index all rose, continuing the trend of yesterday's rebound with large volume, and closed with a bare-headed and bare-footed real positive line. Among them, the ChiNext Index closed strongly at 880 points, up nearly 2%. The concept stocks in the sector broke out in an all-round way, and the number of stocks that hit the daily limit was close to 20.

Among these concept stocks that hit the daily limit...

Huaqingbao, one of the few stocks that hit the daily limit in the entire market, further attracted huge attention from investors in the market.

Many people speculated on the reasons for its continuous daily limit. Some said that its performance in the first quarter soared, some said that the company's external mergers and acquisitions, and some said that the main institutions manipulated the stock price and maliciously speculated... It can be said that there are many reasons.

But without exception.

At this moment, there is still no market voice, speculating and imagining in the direction of the concept of "mobile games".

"Building a bottom in despair, moving forward in the haze..."

After the market closed, Su Yu briefly reviewed the market, looked at the discussion topics about "Hua Qing Bao", smiled, and couldn't help but sighed.

In the financial trading market, retail investors' information channels and market sense are always behind those of the main institutions.

Therefore, in following the market and the motivation for the continuous surge in stock prices, there is often a lag, and there is hesitation and doubt in trading.

This also caused...

Even if retail investors occasionally discover the abnormal movement of individual stocks in the early stage of the market, it is difficult to quickly overcome their emotions and keep up with the operations of the main institutions.

Of course, it is precisely because there is a huge gap between retail investors and main institutions in the acquisition and cognition of market information.

Therefore, the main institutions can rely on this to continuously harvest retail investors in the market and seek excess profits.

"However, if there is no clear positive news, going up... with the current average valuation level and hype sentiment in the market, I am afraid it will face huge pressure." After carefully analyzing the trend of Huaqingbao, Su Yu secretly said, "I wonder what the main institutions that operate the market will choose next?"

Concept hype, the third board has become a monster.

When the hype logic and the main line market expectations have not been recognized by the market, the third daily limit is definitely a hurdle.

Because the profit-taking plates are fully accumulated, the market expectations and emotional expectations cannot be pulled up.

Then, we will face huge profit-taking selling.

In the current market, although the sentiment has recovered a little compared to the previous continuous decline in the market, both the main funds in the market and the retail investors have low expectations for the market in the future.

The vast majority of people still believe that this is just a market rebound after a long decline in the big bear market.

Under the expectation of rebound rather than reversal...

As long as there is a slight change in the market, investors with profitable positions will have a strong desire to realize profits, which will drive them to sell their chips quickly.

After two daily limits, Huaqingbao's overall chips have been out of the cost range of most holders.

That is to say, at this moment, the accumulation of profit-taking orders in the market for this stock is already very serious.

If there is no new substantial good news about this stock tonight and before the opening of tomorrow morning, then...under the current market investors' holding sentiment and expectations, a huge amount of selling orders from the market will be inevitable.

Su Yu pondered for a while and felt that for Huaqingbao's check, in the case of uncertain tomorrow's trend, he could not clearly determine tomorrow's operation at this moment, so he could only temporarily put it aside and wait for tomorrow's opening to act according to circumstances.

Then, he turned his attention back to gold trading.

At this moment, the time period has entered the European trading time, and the gold market has become much more active, but it still has not chosen a new direction.

It was just a fluctuation range, from $1550 to $1552, to $1550 to $1554.

In the evening, during the US trading session, gold continued to fluctuate during the day, hovering around the $1550 price range, with a small range of fluctuations.

The short-selling opportunity that Su Yu was waiting for never came.

Then, he checked the global financial calendar and found that there were no important parliaments and important economic data to be released from tonight to tomorrow, and it was expected that there would not be any particularly big market for gold in the second half of the night.

So, he gave up waiting and went to bed early.

The next day, Wednesday, April 10.

When Su Yu woke up, his salary had just arrived, which was not much different from what he expected, and his personal account balance had increased by more than 3,000 yuan.

Then, 9 o'clock came, and the stock market was about to open.

Su Yu checked the financial information in the morning and the trend of gold.

In terms of market information, both domestically and abroad, it was calm, and the price of London gold was still hovering around the price of 1550.

It seems to be brewing or waiting for something.

In terms of domestic market sentiment, after two days of continuous rebound, investors' confidence has recovered a lot. On the online forums, many of them are shouting about buying at the bottom and increasing their positions.

After Su Yu understood the complete pre-market situation...

I continued to search for relevant information and discussions about Huaqingbao, and found that just like yesterday, market attention has soared, but there are no related benefits.

Discussions and reports on the outbreak of the domestic ‘mobile game’ industry and the profit blowout.

They are all still rare.

"It seems... today is destined to be a day of big differences for Hua Qingbao." Su Yu sighed when he saw that the market news was not conducive to Hua Qingbao's continued breakthrough to the third board.

As he sighed, 9:15 arrived and the bidding in the two cities began.

Su Yu quickly switched the computer interface to Hua Qingbao's trading interface and saw that the price of the check had jumped to the daily limit of 15.19 yuan.

At this price, the daily limit and closed orders exceed 100,000 lots, while the call auction orders are only 500 lots.

Such a collective bidding situation, at first glance, seemed very strong, as if it was going up to the daily limit, but Su Yu knew in his heart that this was just an illusion.

As the bidding time goes by, the selling will definitely become heavier and heavier.

Just as he guessed...

When the time came to 9:16, Hua Qingbao's daily limit of more than 100,000 lots of orders began to be quickly withdrawn, while the daily limit of call auction orders increased rapidly at a speed of almost 1,000 lots in ten seconds.

Then, just one minute later, at 9:17, the daily limit order of more than 100,000 lots disappeared completely.

At the same time, the bidding price of Hua Qingbao also dropped directly from the upper limit price to 14.73 yuan, an increase of 6.54%. The number of bidding orders surged to more than 5,000 lots, and the overall market situation also changed from the main buyer to the main seller. There are more than 1,000 orders placed above the 14.73 bid order, which still suppresses the call auction price.

Seeing this bidding situation...

Su Yu frowned, knowing that the "three-board divergence" of Hua Qingbao's stock was much greater than he expected.

"The main force tried the market for two minutes, felt the pressure, and gave up completely." Su Yu secretly thought in his heart, "According to this situation, I'm afraid it's a luxury to open higher, let alone hit the third board."

As he complained, Hua Qingbao's bidding price continued to drop.

At 9:19, its stock price dropped to 14.47 yuan, an increase of 4.8%, and the number of collective bidding orders reached 8,000 lots.

Then, around 9:19:40, the orders piled up on the call auction disk began to be withdrawn quickly. Within 10 seconds, the number dropped sharply by more than 5,000 lots.

Immediately afterwards, at 9:20, the call auction time for irrevocable orders began.

Hua Qingbao's stock price further fell to 14.25 yuan, an increase of 3.2%. After the call auction order was withdrawn, the remaining 2,000 lots or so increased slowly.

At 9:21, the number of bidding orders reached 3,000 lots, and the stock price fell to 14.18 yuan.

At 9:22, suddenly, a surge of 1,000 main buying orders pushed the call auction price back to around 14.25.

At 9:23, the number of matching orders in the call auction exceeded 5,000 lots, and the stock price was 14.22 yuan.

At 9:24, the number of orders once again exceeded 7,000, and the stock price was 14.15 yuan.

At the last minute of the call auction, there was suddenly another main purchase order of 1,000 lots, which stirred up the bidding and pushed the opening price to 14.21, an increase of 2.91%.

Su Yu looked at Hua Qingbao's opening situation, breathed out slowly, released his finger from the mouse, and said to himself: "Not bad, pretty smart."

According to Hua Qingbao’s performance in the five minutes before 9:20.

Su Yu originally thought that the main force would completely give up on protecting the stock price and allow Hua Qingbao to open sharply lower, but he did not expect that the other party did not give up completely and resolutely maintained Hua Qingbao's trend of opening slightly higher.

actually……

There is pressure on Huaqingbao’s current trend without favorable support.

Su Yu believes that it is much better to open slightly higher to withstand the pressure than to open sharply lower to allow emotions to collapse, or to fight high and high with all your strength.

Because, as one of the few connected stocks in the market, Hua Qingbao's market attention is still very high. As long as the continuous rise does not let out, and the newly participating relay funds can maintain hope, then At this price, through constant changes of hands, the average cost of chips can be raised, and huge profits can be slowly digested, a new platform can be established, and conditions can be created again for subsequent increases.

instead……

If the bidding is opened significantly lower, or it is forced to raise the price, the price will be higher.

It is difficult for them to use the relay funds that follow the trend to perfectly digest the huge profits in the market.

Fortunately, Hua Qingbao, the main institutional trader of the stock, is indeed of good moral character and is well versed in the short-term speculation of stocks and the changes in investor sentiment on the market.

It didn't move in the bad direction Su Yu expected.

While Su Yu was deep in thought, 9:30 arrived and the stock market officially opened for trading.

With heavy bidding and a slightly higher opening, Huaqingbao quickly moved higher after the opening. In less than 10 minutes, it hit a 5% increase, and the transaction volume exceeded 20 million, which was higher than the previous two trading days. Continue to increase volume significantly.

After exceeding the 5% increase...

The upward pressure on Hua Qingbao's stock price began to increase. Finally, at about 10 o'clock, under the pressure of several large orders, it quickly fell back to near the opening price.

Then, this stock followed this trajectory and started a violent oscillation pattern of jumping up and down.

Su Yu looked at the ups and downs of Huaqingbao's stock price, knowing that this stock would most likely take the opening price as the price center today, and would mainly fluctuate, and there would not be a unilateral trend of skyrocketing or plummeting, so he prepared to switch the trading interface to the trend of gold and no longer pay too much attention to it.

At this time...

The mobile phone he placed next to the computer suddenly rang rapidly.