Chapter 13 Profit Retracement
It was a stock called ‘Netspeed Technology’.
The company that owns this stock is a company with CDN service business as its main business.
As the 'accelerator' of the Internet, the CDN business has entered an explosive period with the penetration rate of the downstream Internet in the fourth quarter of 2012, causing the demand for CDN services of various Internet companies to expand rapidly, especially in areas such as online shopping, online games, and videos. Its demand continues to surge.
With the full commercialization of 4G networks and the spread of the mobile Internet era, new markets for mobile online games, mobile online shopping, and mobile videos have exploded.
The demand for CDN services and its future space are also becoming broader.
Su Yu actually had high hopes for this check when he selected it. However, during his observation period, there was no movement in the market capital flow and stock price trend of Wangsu Technology for several consecutive trading days. On the contrary, Hua Qingbao walked out first.
This made Su Yu temporarily give up the check and start trading on Hua Qingbao.
At this moment, Su Yu never expected that with the rapid explosion of the concept of "mobile games", Internet speed technology, known as "the first listed network accelerator", would be brought out by funds at this time.
In his gaze.
On the market of Wangsu Technology, large orders appeared frequently, and the stock price soared. It broke away from the pressure platform between 23 and 23.50 yuan that had fluctuated for half a month in the early stage, and went straight to the daily limit.
"It's a pity that we don't have more funds for planning." Su Yu sighed secretly.
Although the entire market and everyone's expectations for the future are still pessimistic, Su Yu clearly knows that the clarion call of the bull market has been sounded on the GEM, which is significantly stronger than the Shanghai Stock Exchange Index and the Shenzhen Stock Exchange Index.
Such as Internet speed technology in the 4G era and the mobile Internet era.
Once the GEM core big bull stocks are supported by hard fundamentals and have huge future market space, revenue and profit margins, once they start and embark on the journey, their stock prices will go all the way north and never look back.
"We must accumulate capital as soon as possible!" Su Yu saw that Wangsu Technology had sealed the daily limit, moderately increased the volume, and the chip structure on the market was quite stable. He couldn't help but turn around and glance at the other self-selected stocks in his stock pool, and said to himself, " Otherwise... the missed opportunities will only increase."
At the end of the bear market...
The hazy stage of the market between bull and bear transitions is the best time to explore the future mainline market and build large-scale positions.
Su Yu didn't want to miss too much.
After the daily limit of Internet Speed Technology, derived from the main concept of "mobile games", more and more Internet technology stocks that were stagnant in the early stage ushered in a strong rebound.
An hour and a half later, this phenomenon of taking advantage of the concept of "mobile games" led to a rebound.
It started from Internet-related stocks to the entire technology stocks.
In the afternoon, with the rebound of the entire technology-related concept sectors in the two cities, market sentiment heated up again, ushering in a general rise in the last 40 minutes.
Finally, the market closed at 3 o'clock.
The Shanghai Composite Index stood at 2150 points, and the GEM once stood at the integer mark of 900 points, and finally closed at 897.56 points.
After the stock market closed, Su Yu turned his attention to the London gold trading market.
I can see that gold is slowly repairing yesterday's bare foot negative line. At this moment, the gold price has rebounded to above 1,530 US dollars. The transactions during the same period are slightly more active than in the previous few days.
Su Yu watched the gold price rebound slowly without making any move.
The trend of financial markets never changes overnight. Even in extreme unilateral trends, temporary violent rebounds are inevitable.
Therefore, during the position stage of trading, profit retracement is inevitable.
Of course, during the position holding stage, encountering a sharp retracement of profits will also test the traders' mentality.
at this time……
As a qualified trader, all you can do is be patient and believe in yourself.
While Su Yu was waiting, time passed through the European trading session and entered the US trading session. The price of gold did not replicate yesterday's sharp drop.
Instead, it continued the rebound in the Asian and European markets and continued to attack $1,535.
Seeing that the price of gold has rebounded from around US$1,527.60 to more than US$7, rising by more than 70 points, there is a strong tendency to reverse yesterday's negative trend.
Su Yu still didn't move, allowing the account profits to continue to withdraw.
After 2 o'clock in the morning, entering the second half of the U.S. trading time, Su Yu saw that the market was still calm in terms of major information, and the price of gold had already fallen into a new platform shock trend within the narrow range of 1532 to 1535 US dollars. I stopped watching the market, turned off the computer and went to bed.
When he woke up the next day, it was already 10:20 am on Friday, April 12.
The stock market has opened, and the three major indexes barely turned red. Yesterday's general rise has diverged today. The 'mobile game' concept sector still dominates the market, leading the gains in both markets, followed by Internet concepts and mobile phone industry chain-related concepts. Finally, the large financial sector, coal, steel, non-ferrous metals and other commodity sectors fell instead of rising, falling back into a downturn, seriously dragging down the two cities.
Several self-selected stocks that Su Yu paid attention to performed well.
Among them, Huaqingbao opened 7.5% higher today after hitting the daily limit yesterday, and then significantly increased its volume. Under the relay speculation of active short-term funds in the market, it closed the daily limit again at 9:41, and the stock price was reported at 17.11 yuan. , with a one-week increase of more than 50%, becoming a veritable popular star stock in the two cities.
Under the dazzling light of Hua Qingbao...
Internet speed technology, which Su Yu focused on and was firmly optimistic about, did not perform so conspicuously.
This check, after yesterday's daily limit, opened 3% higher today, and then tried to pull up a wave, and then fell into a sluggish and volatile trend.
akin……
Other non-core "mobile game" concept stocks that were wildly pursued by short-term funds in the entire market yesterday also experienced serious differentiation.
"It seems... the stock of Wangsu Technology is also being speculated by short-term funds that are following the trend and pursuing the concept of 'mobile games'." Su Yu saw the trend of Wangsu Technology today and thought to himself, "Since it is not a long-term fund, then We have to step back on the platform and continue to fluctuate for a while, so... there will be no opportunities to pick up cheap chips in the future.”
"However, the concept of 'mobile games' has been hyped up due to the stimulation of such major industry benefits."
"There are signs of serious differentiation today. I'm afraid...the first wave of hype won't go far."
Su Yu thought to himself, and couldn't help but focus on Hua Qingbao's market. He saw that although it had reached the limit, the trading volume had not completely weakened.
This proves that the chips in the market, at this price, are stacked with profits and are no longer stable.
Moreover, the main capital of operating Hua Qingbao has been quite profitable from the bottom up to now. There is no guarantee that the other party will not rush to sell the market after realizing that the chips are not stable this time.
At this moment, Hua Qingbao has become the concept leader in the market.
Once the main institution with the largest position on the market chooses to take profits here and stop profits in time, then... Hua Qingbao's first wave of speculation will inevitably be cut off.
At the same time, we will also enter into in-depth adjustments with the entire concept of ‘mobile games’.
Su Yu pondered that at this moment, Hua Qingbao's good news was realized, but the market rebound was almost over, and confidence was low. The vast majority of retail investors were afraid of heights and risks, and it was extremely difficult to support Hua Qingbao's doubling of the market. Knowing that the main institutions will definitely no longer remain silent or continue to maintain the stock price at a high level, there is a high probability that they will take advantage of Hua Qingbao's extremely high market attention to take profits on the next trading day.
"I can't say... With Hua Qingbao's first wave of hype over, and the entire 'mobile game' concept falling into deep adjustment, it's just the right time to switch positions and trade shares into Internet Speed Technology." Su Yu mused, "In mid-April , is the centralized disclosure time of last year’s annual report and first quarter report. For stocks with performance support and the potential for sustained performance explosion, it is just an opportunity to attract long-term funds such as market funds and institutions to significantly increase their positions and chase them.”
It is different from Hua Qingbao’s explosive power.
Su Yu predicts that with the performance of Wangsu Technology, this stock will become a heavyweight of the fund and usher in a continuous upward trend.
As he makes new investment plans in his mind...
In the afternoon, the market's signs of rebound began to decline further, with many unpopular stocks and giant blue-chip stocks that had no financial attention.
They even turned from rising to falling, gradually engulfing yesterday's rebound gains.
As a popular stock at the core of the market, although Hua Qingbao has been closed until the close of trading, its trading volume reached a new high, reaching 113 million, and its turnover rate reached 13.2%.
This proves that after Huaqingbao closed the daily limit, the trading volume on the board reached a huge amount.
It also proves that this daily limit is not reliable.
After the market closed, at 5:20 pm, the dragon and tiger lists of the two cities were announced. Unsurprisingly, Huaqingbao was on the list.
According to the top five intraday trading seats announced on the Dragon and Tiger list, Su Yu found that the funds he regarded as the main force of Hua Qingbao's wave of speculation finally showed their true colors in selling one seat.
