Chapter 591: No New Low
Zhang Shaohui was originally waiting to see the price of Liugong Machinery continue to go down after falling below the 9.10 mark, but suddenly the price of this stock was quickly pulled up from the 9.10 yuan mark, which made him feel very surprised.
Ten minutes ago, he had just concluded that the stock would continue to fall, and even fall below the previous low of 7.66 yuan, but in a blink of an eye, the stock price not only did not fall, but approached this morning's high again. It was very embarrassing for him.
Several other people in the room were all talking about the stocks in their hands that they had now begun to rise from the lows, and only he had just sold all the stocks in his hands, and the rise of the broader market index and other stocks had nothing to do with him. He seemed to be deliberately left out by the stock market, sitting there alone and unable to say anything.
But even so, he still believes that his judgment is correct, the stock of Liugong Machinery will definitely not rise today, and the current wave of rise is just a reversal at the end of the strong crossbow near the high point.
After the rapid rise in the share price of Liugong Machinery just now, it was adjusted for three minutes, and the stock price fell back to 9.29 yuan at the lowest, and then from 10:38, the time-sharing chart of the stock suddenly jumped up sharply, and at 10:43, the stock price came to 9.50 yuan again, an increase of 8.82%, close to the new intraday high set this morning.
Before 10:30, Li Xin watched the time-sharing chart of this stock go lower and lower, and he once wondered if his judgment yesterday was wrong. Because his research on this stock is not as thorough as the study of Jingxi Coal Industry, he decided to buy this stock this morning almost as soon as his mind was hot during the sharp rise in the market and individual stocks yesterday.
However, in the 13 minutes after 9:30, the price of the stock rose by 0.4 yuan. The trend has once again moved rapidly from the relative lows of the correction to near the intraday highs, which is a sign that OTC funds continue to be bullish on the stock. Otherwise, the trend of this stock today should really be as low as Zhang Shaohui said.
Before 10 a.m., the stock had risen to less than 1% of the limit, and now the price has risen again to near that high. After the wave of rising and falling in the morning, Li Xin now does not dare to conclude whether the stock can still be closed today, but he feels that the stock is unlikely to fall sharply today.
After the price of this stock rushed to the $9.50 line again, it went through another 10 minutes of oscillation, and the price returned to $9.42 at 10:53.
The highest point of this wave of rising was only 9.50 yuan, which was a few cents short of the morning high. The pullback began without breaking through the morning intraday high, which seems to indicate that the next trend will continue to fluctuate under the pressure of the intraday high.
To everyone's surprise, there was so much money on the sidelines that focused on this stock.
The price of this stock only pulled back to 9.42 yuan at the lowest this time, and from 10:54, the stock price was suddenly pulled up from 9.42 yuan, and after just three minutes, the stock price rushed to the 9.60 yuan limit.
In the same time frame, other stocks have risen much less than this one.
At 10:57, Jingxi Coal's share price rose to 8.45 yuan, an increase of 5.36%.
At 10:30, the development bank was still down 1.45%, and by 10:58, its stock price had risen to 9.81 yuan, an increase of 1.66%.
In the nearly half an hour from 10:30~10:59, the broad market index changed from a decline of 1.66% to an increase of 0.60%. In other words, in the past half hour, there has been a wave of very violent buying in the market, and individual stocks have risen. In this wave of rising process, the largest and most obvious increase is the construction machinery stocks, and Liugong Machinery is one of the leaders.
"Damn, it's up again!" Li Xin was overjoyed.
"This stock is too good, Li Xin, you just bought it this morning and rushed to the price limit, how much money did you make in one share?" asked Wang Minghui.
"About three cents. Li Xin said.
"There are 4 points, right?"
"About the same, about 4.05%. ”
"Awesome, your trading skills are really breathtaking!"
Li Xin smiled: "It's also a coincidence that I didn't mention this stock yesterday, I didn't realize that this stock has such potential." ”
"Look at this momentum, this stock will go up tomorrow. Wang Haoqiang also came over and said.
Before 9:30, in the process of this stock's sharp pullback, Li Xin has been staring at its time-sharing chart with fear, completely forgetting that when he analyzed this stock yesterday, he said that it has formed a very perfect arc bottom, and the upward trend on the right side has just begun, and there is still a lot of room for growth in the future.
Now that the stock has rushed to the up-and-limit board, it makes no sense to look at the tick chart again. In addition, I heard Wang Haoqiang say that the shape of this stock is very good, and it should continue to rush up tomorrow, so he replaced the time-sharing chart with a K-line chart.
If you don't look at the K-line chart, this time, he feels that with today's K-line rushing on the up-limit board, the arc-shaped bottom of this stock is now more obvious than yesterday, and the upward trend on the right half is more eye-catching. This typical arc-shaped bottom is constructed, and the rise on the right side is the most attractive when it just begins to stretch, not to mention the long-term investment value of this stock that Li Xin analyzed yesterday, but this very tempting form in front of him will attract more funds to come in and copy the short-term. If investors attracted by this very attractive pattern carefully analyze the long-term investment value of this stock in the future, then the short-term and long-term upside of this stock is very worth looking forward to.
Looking at this perfect arc bottom pattern on the K-line chart, Li Xin secretly laughed in his heart that the worry he had half an hour ago was obviously a little redundant. He couldn't help but say his heart: "After today's price limit is closed, I'm afraid it will not only continue to rise tomorrow, maybe it will rise for several days in a row, and it is not impossible to directly hit the high point of 14.28 yuan on October 24." ”
Wang Minghui said: "Are you so confident?"
"It's the shape of this stock that is so tempting!"
"Why have my stocks only risen by a few percent so far today, which is too weak compared to your stocks. ”
Wang Haoqiang also said: "That's right, my development bank has only risen a little bit today, and it seems that it is unlikely to hit the price limit at all, why is this?"
Li Xin said: "The situation of each stock is different, and the Jingxi Coal Industry I bought yesterday has not risen to the limit today." ”
Wang Minghui said: "Then why are you so confident in the stock of Liugong Machinery? ”
Li Xin said: "In fact, as I said yesterday, almost all stocks now have good investment value, such as Jingxi Coal Industry, Development Bank, Wang Minghui, and Wang Minghui. It's just that when it comes to the stock of Liugong Machinery, it has two characteristics that are different from other stocks. ”
"What's the difference?" Zhang Shaohui saw that several of them were chatting enthusiastically, and the longer he sat alone, the more embarrassed he became. In addition, Li Xin was talking about the issue he was most concerned about, so he quickly took the opportunity to use this question to join Li Xin's discussion.
Li Xin pointed to the daily K-line chart of Liugong Machinery on the computer screen and said: "This stock was still around 14.3 yuan on October 24, but on November 7, it fell to 7.66 yuan, an almost 50% decline, which is not in other stocks." That is, this decline in the last 10 days or so has made this stock form a very perfect arc bottom, which we analyzed yesterday. Several other stocks do not have this advantage, and they do not have such a good technical pattern. After the large-scale infrastructure construction plan came out last Friday, Liugong Machinery's unique product characteristics made it different from other listed companies, and the two good news resonated, making the stock rise far ahead of other stocks today. This is another feature of the arc bottom pattern, once the structure of the bottom is completed, the rise on the right side will be quite violent, and the amplitude will be quite large, so I say that its rise may accelerate in the next few days. At a time when the overall fundamentals of the stock market are good, the importance of technical patterns is reflected, and good technical patterns will magnify the fundamentals. Several other stocks didn't have such a good pattern, so today's rally is much more than this one. ”
At this time, it was already 11:15 a.m., Wang Minghui watched the market index rise and then pulled back to 1870 points, the 0.6% increase that had just risen was now gone, but a little lower than yesterday's closing point, so he asked worriedly: "Now the market index has also turned green, there is no momentum of yesterday's sharp rise, these stocks in our hands do not have a clear rise in technical form, will they rise in the future?"