Today's Stock Trading Notes:
The market collectively adjusted, as expected: A few days ago, there was a large drop in volume, and after a false breakdown at 3800 points, the index rebounded for two consecutive days. However, the volume did not follow suit, so there was a need for further adjustment after the rebound. Today, the trading volume continued to shrink to less than 2 trillion!
Today's operation: I cleared all power stocks at the opening, escaping a disaster. Because the leading stock Liao Energy has already achieved 8 consecutive boards, today it was expected to break and increase volume, as yesterday's sentiment leader Yu Energy had already jumped ship early. Therefore, the market largely expected the leader to start breaking boards; when the leader breaks boards, the smaller stocks will follow suit and dive! Thus, the operation of clearing stocks directly at the opening was justified. After the opening, as expected, Liao Energy broke the board and increased volume to test market support, and almost all other power stocks directly plummeted or even hit the limit down at the opening.
However, Hunan Development advanced to a three-board limit (multiple times breaking and sealing), and Jinko Power followed the trend yesterday but broke and did not seal at the end, which was expected to weaken. However, today it directly opened high and sealed within seconds, showing an unexpectedly strong turnaround. Then there was an attempt to hit the board but I didn't get in. Central Fujian Energy has both power and Fujian attributes, today it advanced to a two-board limit as expected, after hitting the board I entered the market, and it was locked at the limit up all day. Tomorrow I will look for high premiums or advance to a three-board limit. I also bought a little bit of Mindong Power, which is positioned as a follower of Central Fujian Energy, but its subsequent performance weakened and did not meet expectations, resulting in a floating loss. We need to see if Central Fujian Energy continues to strengthen as a supplementary leader, then Mindong Power will be a following stock of the supplementary leader. If Central Fujian weakens, then it’s time to run!
The unexpected phenomenon is that the leading stock Liao Energy was pulled back to the limit up by the market despite the large selling pressure in the morning, which was also an unexpected performance, subsequently driving Huadian Energy and others to rise from underwater to almost limit up! However, at the end of the trading session, Liao Energy was suddenly attacked and broke the limit up, while Huadian Energy sealed the limit up. I don't know if the funds didn't react in time 0.0. So, tomorrow's expectation for Liao Energy is to break the board and accept a larger divergence test! Coupled with the large drop in the market, tomorrow may not be very optimistic!
With Liao Energy's attitude of returning to the seal, Guangxi Energy, Jingyuntong, and Shenzhen South Electric A quickly rose to limit up, indicating actions to grab supplementary leader stocks. Among these three, Guangxi Energy may be a bit more quality, aligning with the aesthetic of recent funds.