Chapter 608: The First Wave (3)

Zhang Shaohui saw the entanglement and wandering in Wang Minghui's wandering eyes, and he said in a tone that was obviously encouraging: "The decline has come out, what are you doing with it?" Anyway, I am going to find a suitable price to play tomorrow, and I will have the opportunity to pick up the chips again in the future. ”

Wednesday, November 19th.

At 9:30 a.m., the broader market index opened slightly lower by 0.69% at 1,889 points. It stands to reason that on the basis of yesterday's sharp decline of more than 6%, today's opening of the index is not a big decline, and the index rose to 1922 points within two minutes after the opening, an increase of 1.06% compared to yesterday's closing point.

However, today's rise is just a small rebound after yesterday's sharp decline in the eyes of Zhang Shaohui, who already believes that the broader market index will continue to fall.

There is only one thing he has to do today, that is, to sell the Liugong Machinery in his hand when the market is reversed today.

The broad market index rose to 1922 at 9:32 and then pulled back slightly to 1911 at 9:38.

Zhang Shaohui stared at the stock price trend of the market index and Liugong Machinery with a pounding heart, and in his opinion, such a rebound should be a little higher today.

Sure enough, as Zhang Shaohui thought, the market index started at 9:39 and gradually rose, and by 9:48, the market index rose to 1931 points, an increase of 1.54%.

Zhang Shaohui estimated in his heart that according to the decline of about 6% in the market index yesterday, the current increase of 1.54% should be considered a pullback in place. However, judging from the stock price of Liugong Machinery, its increase today is far from reaching the target price in Zhang Shaohui's heart.

Liugong Machinery's share price opened at $10.78 this morning, down 1.82% at the open. Although the stock price then followed the broader market index and rose above yesterday's closing price in a short period of time, it immediately turned around as soon as it broke through yesterday's closing price, and the first value of the tick line tossed back and forth around yesterday's closing price.

At 9:37, when the broad market index still rose considerably, its stock price fell below yesterday's closing price again to 10.85 yuan, a decrease of 1.18%.

Even when the market index rose to 1931 points at 9:48, the increase expanded to 1.54%, the share price of Liugong Machinery only rose to 11.00 yuan, which was basically the same as yesterday's closing price.

Zhang Shaohui's thinking is very strange, even if he is bearish, he does not make a decisive selling operation immediately, but waits for a considerable pullback to sell. In fact, if the probability of the market really falling is far greater than the probability of rising, waiting for a pullback is to use a small probability event to fight a large probability event, and the odds of winning are not great.

Just when he wanted to wait for Liugong Machinery's stock price to rise a little more, the broader market index began to fall from 1931 points.

At 9:53, the index fell to 1,917 points, narrowing its gains to 0.79%.

At 10:03, the broad market index fell rapidly to 1891 points, at which time the index had turned from red to green, a decline of 0.60%.

Before 9:48, when the market index rose, Liugong Machinery did not follow the rise, at this time the market index fell, and Liugong Machinery's stock price fell faster than the market index.

At 10:03, when the market index fell by 0.60%, the share price of Liugong Machinery had fallen rapidly to 10.60 yuan, a decrease of 3.46%.

Zhang Shaohui, who had already decided in his heart that the market index and Liugong Machinery were about to fall sharply, saw this situation, and couldn't help but secretly regret that he did not sell it quickly when the market index rose within a few minutes after the opening and Liugong Machinery's stock price rose above yesterday's closing price. Now after only ten minutes of hesitation, Liugong Machinery's share price has fallen by 3.46% from yesterday's closing price.

While feeling remorseful, he hurriedly began to operate on the keyboard, selling all the Liugong Machinery shares he held. With the rapid decline in Liugong Machinery, he was worried that if he was delayed for a few more minutes, he was afraid that its decline would quickly expand to six or seven percent.

But the market is like a joke with Zhang Shaohui. After Zhang Shaohui just sold all the stocks in his hand, the share price of Liugong Machinery only fell to 10.50 yuan to stop the decline, and then fluctuated at the 10.50 yuan mark for a few minutes, starting from 10:10, its stock price gradually climbed from 10.54 yuan.

By 10:20, its share price had risen to $10.80.

At 10:31, the stock price rose to 11.18 yuan, and the stock price changed from green to red at this time, an increase of 1.82%.

The trend of the broader market index was also quite dramatic, after falling to 1891 points at 10:03, it started a small rebound, and then it rebounded to 1908 points at 10:19, and then another round of decline, at 10:36, the index fell to 1885 points, and the decline expanded to 0.90%.

Judging from the trend of the market index at this time, the decline will continue, but from the perspective of the stock price trend of Liugong Machinery, it is somewhat inconsistent with the market index.

In the half hour after the opening, the rise of the broader market index was relatively strong, while the trend of Liugong Machinery's share price was very weak, and when the broader market index began to fall, Liugong Machinery's share price fell even more.

However, after 10:03, Liugong Machinery's stock price trend was significantly stronger than the broader market, especially shortly after Zhang Shaohui was sold, its stock price rose to 11.18 yuan. At this price, Zhang Shaohui had just sold it, and he lost 0.60 yuan per share.

encountered the situation again that he had just sold a few days ago and the stock price rose rapidly, which made Zhang Shaohui panic.

However, looking at the market index will continue to decline, he still believes that the stock price of Liugong Machinery will continue to fall with the market after the short-term rebound, and he still has the opportunity to pick up the chips at a lower price after selling.

In fact, the trend of the large-market index continuing to fall after the opening of the market has made several people in the house feel uncomfortable.

The same is true for Li Xin.

Another stock in his hand, Jingxi Coal Industry, opened 1.29% lower at 9.15 yuan today, although it rose to 9.30 yuan at 9:35, slightly higher than yesterday's closing price, but with the continuous decline of the market, at 10:37, Jingxi Coal's share price fell to 8.88 yuan, down 4.21% compared with yesterday's closing price.

Although he was mentally prepared and knew that the market and stock price would have a wave of correction in the near future, but seeing the stock price fall by 4.21% in a blink of an eye, Li Xin was helpless and could only silently bear this short-term fluctuation.

Wang Haoqiang's Development Bank opened at 10.11 yuan today, an increase of 0.1%, and since then the stock price has been running above yesterday's closing price of 10.10 yuan, oscillating back and forth between 10.36 yuan and 10.10 yuan.

Wang Minghui's Sanjiang Holdings opened at 16.91 yuan today, an increase of 0.36%, and then the stock price fluctuated back and forth between 17.28 yuan and 16.79 yuan, although it fell slightly below yesterday's closing price of 16.85 yuan, but the decline was not obvious.

Although the decline of the two stocks in the hands of the two of them after the opening was much smaller than the decline in the stocks in the hands of Li Xin and Zhang Shaohui, the stock price tossed back and forth around yesterday's closing price also made them in a dilemma. They don't have as much confidence as Zhang Shaohui, and they are not sure that they can grasp the range of stock price fluctuations in the day, so they dare not act rashly even if they want to sell.

Just when everyone thought that the broad market index and stock prices could not avoid a further correction today, at 10:40 a.m., the broad market index began to climb gradually from 1888 points.

At 10:58, the broad market index rose again to 1,921 points, an increase of 1.0%.

At 11:22, the broad market index rose to 1,947 points, expanding its gain to 2.39%.

After the afternoon open, the broad market index continued to rise in the morning.

At 13:34, the broad market index rose to 1,969 points, an increase of 3.54%.

At 14:21, the broad market index once again broke through the integer mark of 2,000 points and rose to 2,005 points, expanding the increase to 5.43%.

By the end of the day at 15:00 p.m., the broad market index had risen to 2017 points, an increase of 6.05%.

Judging from the candlestick chart, today's closing price of 2017 points is almost the same as yesterday's opening point of 2020 points. In other words, today's long white candlestick has almost recovered yesterday's long black candle.

After 10:03 a.m., the trend is slightly stronger than the broader market index, Liugong Machinery, in the subsequent process of the continuous rise of the broader market index, the stock price is higher than a wave, at 10:58 a.m., the stock price rose to 11.50 yuan, an increase of 4.74%.

Compared with Zhang Shaohui's selling price of 10.58 yuan, the price at this time has almost risen by nearly 1.00 yuan, and the amplitude between the low point and the high point is 8.69%, which is close to the amplitude of a price limit.

Zhang Shaohui, who was still expecting Liugong Machinery's stock price to fall again, was dumbfounded at this time.

But the matter is not over, the market index is still rising, and the stock price of Liugong Machinery is also continuing to rise. At 13:54 in the afternoon, Liugong Machinery's share price rose to 11.79 yuan, an increase of 7.38%.

After the stock price rushed to this position, it went through a small correction and retraced to 11.52 yuan at 14:09.