When 'Teli A' successfully closed its upward limit with strong momentum,
A group of follow-up stocks in the 'State-owned Enterprise Reform' concept theme, such as 'Chuansheng Jiuzhou, Wanfang Development, Hailuo New Materials, Mingxing Electric Power, Xinxiang Chemical Fiber, Phoenix Shares, Sanxia New Materials…' also violently surged.
At the same time, many 'SME and ChiNext' concept stocks in both markets also rapidly rose.
And driven by the rapid rebound of these stocks,
The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all rebounded quickly, recovering from the intraday pullback.
"Damn, it actually managed to close the upward limit again, defying the pressure of a market pullback."
Noticing the rapid sentiment reversal in the entire market after 'Teli A' closed its upward limit, Zhao Qiang, who had already sold all his 'Teli A' holdings in the 'Yuhang Faction' main speculative fund group, couldn't help but sigh softly:
"Alas... the morning's limit-down caused by the breakout misled me, I should have waited a bit longer. Now it's impossible to get the chips back."
"The rapid limit-down caused by the breakout of 'Teli A' early in the session indeed scared out a lot of funds holding positions."
"I was also scared out."
"I originally thought that with the overall market sentiment so poor today, it would be unlikely for this stock to close the limit again after the breakout. Who would've thought... the leader truly lives up to its name!"
"With such poor overall market sentiment, it can still close the limit again. This trend... is truly strong."
"Looking at it now, the morning's limit-down caused by the breakout seems a bit like a smokescreen?"
"Yes, looking back now, the morning's limit-down caused by the breakout feels like it was intentionally done by the large funds primarily driving the trading of this stock today. The purpose... should be to shake out chips, intending to get rid of most of the funds in the market that wanted to lock in positions through the drop after the breakout."
"Facts prove that this method of shakeout is very effective."
"Closing the upward limit against the trend, if no surprises... tomorrow, 'Teli A' will likely have a significant intraday premium."
"This trend is truly impressive."
"I wonder which fund in the industry is the main speculative fund that drove 'Teli A' today?"
Sun Chengyu also sighed helplessly at this moment,
"That morning shakeout with the breakout was quite something!"
"Sun Ge, were you also shaken out?"
Zhao Qiang asked.
Sun Chengyu responded,
"I sold half my chips. I didn't expect the intraday trend of 'Teli A' to be so steep."
"I didn't expect it either,"
Zhao Qiang said.
"Mainly, the early morning limit-up was too fast, and the breakout was also too fast, disrupting my original plan and operating mindset."
"I only reduced my positions and took profits after seeing the stock break its limit, the selling pressure on the market increased sharply, and the overall chip structure began to loosen,"
Sun Chengyu said.
"Who would have thought that such heavy selling pressure would be hard-headedly resolved by the subsequent influx of buying, causing the stock's bullish sentiment to recover. Originally, I noticed that the stock price quickly rebounded from its intraday low.
I wanted to buy back the chips. But with a slight hesitation, the stock went straight to the upward limit. I didn't even have time to buy back the chips I lost in the morning."
"Even Sun Ge was shaken out, the fund that manipulated 'Teli A' today is not simple,"
Other main speculative funds in the 'Yuhang Faction' group responded.
"We just don't know if the 'Financial Street Fuxing Road' fund reduced positions, took profits, or cleared out today?"
"Most likely not, right? The pattern of this fund has always been very broad!"
"It's hard to say. After 'Teli A' broke its limit in the morning, the trading volume and turnover rate increased rapidly. Many funds that entered earlier in the market should have sold off a lot of chips."
"If the fund that entered 'Teli A' today can shake out the 'Financial Street Fuxing Road' fund, that would be amazing."
"Shaking out the 'Financial Street Fuxing Road' fund doesn't necessarily benefit the subsequent market development of 'Teli A'.
After all, the market influence of the 'Financial Street Fuxing Road' fund, and its influence on the hearts of the majority of short-term investors, is quite significant.
If the 'Financial Street Fuxing Road' fund cleared out today... it's estimated that 'Teli A' might not have much premium tomorrow."
"The 'Rongchao Business Center' fund must have dumped it, right?"
"Without a doubt, 'Cut-Loss Rong' probably cleared out with one click when it broke its limit in the morning."
"Sun Ge, after 'Teli A' re-closed its upward limit and ignited market sentiment, do you think 'Chuansheng Jiuzhou' can be traded?"
Zhao Qiang sighed,
"Having sold the leading stock's chips, now I can only try the second-tier follower."
Sun Chengyu pondered for a moment and said,
"It should be tradable. The 'State-owned Enterprise Reform' concept theme, as it stands now... as long as the market trend of 'Teli A', the core leader, doesn't break, it should remain a core speculative hot spot in the market. And 'Chuansheng Jiuzhou' has followed the trend of 'Teli A' before. I think, given that 'Teli A' was missed, following this stock is entirely feasible."
"Alright, then I'll try this stock,"
Zhao Qiang responded.
Then, he quickly switched his computer trading interface from 'Teli A' to 'Chuansheng Jiuzhou', getting ready to follow and buy.
But he saw this stock, while rapidly surging as a follower,
had already been violently pulled up to the upward limit by a large group of aggressive buying funds.
"Damn..."
Seeing 'Chuansheng Jiuzhou' hit its limit in a stunning straight line, and his order being a step late,
Zhao Qiang couldn't help but curse.
Missing once leads to missing every step.
His current mood was a perfect portrayal of this saying.
Seeing that he couldn't buy 'Chuansheng Jiuzhou', and driven by the upward limits of 'Teli A' and 'Chuansheng Jiuzhou', the 'State-owned Enterprise Reform' concept theme was still strongly advancing.
Zhao Qiang had to settle for following and trading 'Sanxia New Materials'.
Just as he was rapidly following and chasing the core stocks of the 'State-owned Enterprise Reform' main theme, immediately correcting his mistake of selling chips too early,
In Su Yi's 'Modu Ultra-Short Gang' main speculative fund group,
Xu Qiao looked at the fully recovered market trend after 'Teli A' hit its limit, and the 'State-owned Enterprise Reform' concept theme that had fully erupted, and for a moment, he was also a bit dumbfounded.
"Oh man... I sold too early again,"
He sighed speechlessly.
Regarding the selection of market hot core targets and the grasp of main theme concepts, he felt that he was not much worse than Su Yi.
But in terms of confidence in holding positions and even belief in the leader,
He felt that he was far inferior to Su Yi.
In recent months, he had basically participated in every stock Su Yi had.
But the result...
Su Yi was able to continuously reap huge profits from the stocks he participated in, accumulating over 10 times the massive profit in a few months.
But he, even now, had only earned thirty to fifty percent profit.
Although this amount of profit was already excellent compared to the overall market performance during the same period,
Compared to Su Yi, it was completely insufficient.
This was also why his mentality had become noticeably anxious recently, and in trading, he was increasingly unable to calm down, appearing somewhat impatient and unable to hold onto chips.
"Alas, I also sold too early,"
Old Wu responded.
"The way 'Teli A' closed its limit today was truly beautiful, and also quite unexpected."
"Still need some faith in the leader!"
Old Zhang said.
"Fortunately, I kept half my chips,"
Brother Chen said.
"Looking at this pattern, the entire market's sentiment has quickly reversed in an instant, so it shouldn't break its limit again."
"I actually hope it breaks its limit one more time, so I can get my chips back,"
Xu Qiao said.
Brother Chen chuckled,
"If it breaks its limit again, it might be truly difficult to close it. Moreover... if it really breaks its limit, would you dare to buy?"
"Why wouldn't I dare?"
Xu Qiao responded.
"Currently, 'Teli A' is already the core leader that various funds in the market cannot avoid trading. Furthermore... through the previous intraday turnover, its selling pressure has basically been cleared. Even if it breaks its limit again, the pressure to close it won't be too great."
"The pressure on 'Teli A' should be tomorrow,"
Old Wu said.
"After breaking through the price range of 40 to 50 yuan, the selling pressure from profit-takers will be most concentrated. If 'Teli A' can break through tomorrow and form a continuous three-day upward limit trend, surpassing the first round of speculation highs in one fell swoop, then it may still continue to hit new heights."
"Alas, never mind 'Teli A', it's already impossible to buy in,"
Old Zhang said.
"Let's look at what stocks we can buy now?"
"How about 'Meiyan Auspicious'?"
Xu Qiao said.
Brother Chen replied,
"Although 'Meiyan Auspicious' and 'Teli A' are both among the top hot stocks in the market, after 'Teli A' closed its upward limit, the market's expectation for 'Meiyan Auspicious' won't be as strong.
Coupled with the large circulating shares of 'Meiyan Auspicious', if its stock price is to continuously break upwards, the amount of active market capital required will definitely not be small.
I think... currently, the speculative space and logical expectation for 'Meiyan Auspicious' are not strong. I do not recommend trading this stock."
"Actually, the 'sub-new stocks' sector is good,"
Old Wu said.
Brother Chen replied,
"The 'sub-new stocks' concept theme is indeed good, especially 'Yishang Display'. It has clearly become the leader of the entire 'sub-new stocks' sector recently. It feels like it's going for continuous upward limits, and it should be one of the few stocks in the current market that can keep up with 'Teli A''s trend."
"But why do I feel that the 'virtual reality' concept theme is so flimsy?"
Xu Qiao said.
Old Zhang smiled and responded,
"It's called 'virtual reality' concept, how can it not be flimsy? Actually, who cares if it's flimsy or not, as long as market funds recognize it and sentiment supports its stock price being hyped up, that's enough."
"Old Zhang is right,"
Old Wu chuckled and said,
"I'll follow 'Yishang Display' with two lots."
After saying that, he didn't wait for everyone's reaction.
He quickly switched the computer trading interface to 'Yishang Display' and immediately typed on the keyboard to buy chips of this stock at market price.
And while he was placing his order,
Brother Chen thought for a moment and also followed with a few lots on the market.
When Old Wu, Brother Chen, and many other main speculative fund groups successively scrambled for chips on this stock,
The stock price of 'Yishang Display', in less than a moment, soared from an intraday gain of around 2% to 3% to over 7% gain, topping the real-time gain list of both markets.
And when this stock appeared on the real-time gain list of both markets, attracting the attention of more short-term speculative investors,
Given its relatively small circulating shares,
The large number of new buying funds that gathered quickly pulled its stock price further up to the upward limit.
Afterwards, driven by the upward limits of 'Teli A', 'Chuansheng Jiuzhou', 'Yishang Display', 'Sanxia New Materials' ... and a host of other popular concept stocks,
The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index successively counter-attacked upwards.
And around 1:20 PM, they all successfully turned green.
During the same period,
A group of concept theme sectors that were strongly correlated with these strong upward limits and strong unusual movements of popular concept stocks, as well as their associated industry sectors,
also frequently moved unusually, showing a sustained rebound trend.
And, when the entire market, with a group of active short-term funds generating profit effects, reversed the downward trend in market sentiment,
After 2 PM, as the market entered the final hour of the closing phase,
A series of major weighted sectors led by institutional funds, such as the 'securities' and 'consumption' main sectors, also saw comprehensive unusual movements and surges.
Of course, during this period,
Su Yi's heavily invested 'lithium battery' concept main sector and its corresponding core stocks,
also strengthened under continuous aggressive buying.
Finally, when 3 PM arrived and both markets officially closed,
The Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index all closed in the green after the day's violent fluctuations.
The 'State-owned Enterprise Reform' concept theme-related sectors, led by 'Teli A', and their associated stocks, at closing, ranked among the top positions in both markets' industry sector and concept sector gain lists, as well as the top positions in both markets' individual stock gain lists.
"Today's market was able to reverse, all thanks to 'Teli A'!"
After the close of both markets, as everyone reviewed the market, Li Jinshi of 'Foshan Lvjing Road' in the 'Foshan Faction' main speculative fund group sighed.
"The re-closure of 'Teli A' today was indeed beautiful,"
Chen Guiyun of 'Foshan Zumiao Road' said.
"It truly ignited the market's bullish sentiment and fully drove the explosion of various concept themes in the market. Alas... it's a bit regrettable that I didn't get on this stock today."
"Today, 'Teli A' indeed had good buying points intraday,"
Liao Guoxiang of 'Foshan Jihua Sixth Road' said.
"But the most important thing is tomorrow's trend. If 'Teli A' can hit its upward limit and create a new high tomorrow, that would be a more certain right-side buying point."
"Hmm, but 'Teli A''s performance today was so impressive, I wonder who led the trading,"
Li Jinshi said.
"And I wonder if the 'Financial Street Fuxing Road' fund has left?"
"'Teli A' had such a high turnover rate today, the main funds that exited the market should not be few,"
Chen Guiyun said.
"At least the 'Rongchao Business Center' fund should have left, right?"
"The Dragon-Tiger List is about to refresh, we'll know by looking at it,"
Liao Guoxiang said.
Immediately, he quickly turned his gaze to the Dragon-Tiger List of both markets.
As he watched, the Dragon-Tiger List of both markets had refreshed, and 'Teli A', which had achieved two consecutive upward limits, was unsurprisingly on the list.
(End of Chapter)