Wang Minghui also turned around at this time and asked: "Why is this stock suspended?"

Li Xin said: "The stock price fluctuated by more than 20% in three trading days, so trading was suspended for one hour. ”

"Oh. Wang Minghui replied noncommittally, he didn't know whether such news was a major negative news, but fortunately he didn't have this stock in his own hands.

Wang Haoqiang asked Li Xin: "The stock price fluctuation range reaches or exceeds plus or minus 20% for three consecutive trading days, and the stock will be suspended for one hour on the morning of the second day, didn't you notice this before the close of trading yesterday afternoon?"

Li Xin said: "No. "Li Xin rarely speculates in the short term, his list is generally medium and long-term, and he usually takes a month to a few months after entering the market. Even if he noticed that the stock of Liugong Machinery would be suspended for one hour this morning before the close of trading yesterday, it would be impossible to sell all the positions in his hand at yesterday's price and wait for the low price this morning to buy.

Wang Haoqiang said: "In fact, before the close of trading yesterday afternoon, I vaguely remembered that the exchange had such a trading rule, and I wanted to remind you to come, but I couldn't get it, so I didn't squeak." If today's temporary suspension will cause Liugong Machinery's stock price to fall sharply, then Li Xin, you sold the stock at the high point before the close yesterday, and buying it at a low price today will make the holding cost more advantageous. It's the same with Lao Zhang, don't buy it before the market closes yesterday afternoon, and it's more cost-effective to buy it after the price falls this morning. ”

Wang Haoqiang's words reminded Li Xin, and he said: "Eh, what you said reminds me of a problem. ”

"What's the problem?"

"I didn't notice that this stock would be temporarily suspended for an hour this morning, but other investors in the market should have noticed it. Especially the big-wielding fund managers and deep-pocketed institutional investors are not going to ignore this, right?"

"It should be. Wang Haoqiang nodded.

"Then if we carefully analyze yesterday's trend from their point of view, we can see a lot of problems. ”

"What's the problem?" Zhang Shaohui also turned around and joined the discussion. Liugong Machinery's stock was suspended for one hour at 9:30~10:30 today, so the call auction after a few minutes had nothing to do with Zhang Shaohui, and he had to wait until 10:30 The stock would not start trading, so he could now put aside his worries and nervousness to listen to what Li Xin said.

Li Xin pointed to the time-sharing chart on the computer screen and said: "Yesterday, the stock opened at a low of 9.35 yuan, and the opening fell by 2.6%. However, within just three minutes after the opening, it rose to 9.55 yuan, and the decline narrowed to about 0.5%, and then after more than 20 minutes of shock, at 10:03, the price rushed to 9.79 yuan, breaking through the closing price of the previous trading day, and the increase reached 1.98%. Although from 10:03 to 14:00 in the afternoon, before the stock price was pulled up again, its price fluctuated back and forth between 9.79 yuan and 9.55 yuan, and during the two-hour back and forth shock, the stock price fell below the closing price of 9.60 yuan on the previous trading day 5 times, but each time it fell below this price, it was immediately pulled up again, what does this mean?"

"What does it mean?"

"It shows that the main funds are also worried that if the stock continues to rise yesterday, it will face a suspension of trading this morning. ”

Wang Haoqiang took a closer look at the time-sharing chart of Liugong Machinery yesterday on his computer screen, and then said: "It seems to be the case, but why was the price suddenly pulled up after 14:00 in the afternoon?"

Li Xin said: "The problem is here, the previous more than two hours of hovering and volatility repeatedly fell below the closing price of the day before yesterday, which shows that the selling pressure above is very heavy, and investors who realize that the stock may be suspended this morning are worried that once it is suspended, it will cause a sharp drop in the stock price." However, after 14:00 p.m., the stock price was suddenly pulled up and went higher and higher, which means that the buying power after 14:00 p.m. is far greater than the selling power. The main funds entered the market at this price to pull up the stock price, indicating that they have long considered that the stock has risen by more than 20% in three consecutive trading days, and will face a one-hour suspension after the opening of the market this morning, but such a scenario is not to be afraid of them, and seizing every opportunity to grab chips is what they have to do. This also verifies that in the back and forth fluctuations of the stock price in the previous two hours, there were 5 times that it fell below the closing price of 9.60 yuan on the previous trading day but could not fall, and each time it fell below the key support level of 9.60 yuan but was pulled up, indicating that the lower buying orders have been buying on dips. The rapid rise in the stock price after 14:00 was only because more funds were worried that they would not be able to buy chips if they didn't sell again, so the stock price was pushed up by the swarming funds. ”

Zhang Shaohui asked: "Then you mean that the main capital is also bullish on the stock price of this stock?"

"It's not such a simple thing as looking at the high line, the main funds at the end of yesterday pulled up the stock price to buy, indicating that they also think that this stock has a lot of room to rise in the future. Otherwise, why would they have noticed that the stock would be suspended this morning, and the price might fall sharply in the short term, but they still bought it aggressively at the risk of a decline? ”

Wang Minghui smiled: "Li Xin, you are really dead." ”

Li Xin smiled: "I'm just following the trend, it is very dangerous to operate against the trend in the stock and futures markets, whether you are long or short, it is the most important thing to see the general direction." ”

Zhang Shaohui also thinks that Li Xin's words are very reasonable, and he is very worried that Liugong Machinery will fall sharply after the opening of 10:30, and now he can only hope that the market will develop in the direction of Li Xin's analysis.

I don't know if it's because Liugong Machinery, the most influential leading stock in the stock market, was suspended this morning The news had a great negative impact on the market trend, the market index opened at 1837 points this morning, and the opening point fell 22 points compared with yesterday's closing point of 1859 points, a decrease of 1.17%.

Another stock in Li Xin's hand, Jingxi Coal, opened at 7.97 yuan, down 2.45% from yesterday's closing price.

Wang Haoqiang's Development Bank opened at $9.60 this morning, down 1.84% from yesterday's close.

Wang Minghui's Sanjiang Holdings opened at $16.60 this morning, down 1.78% from yesterday's close.

Among these stocks, except for Wang Haoqiang's development bank's closing price yesterday was higher than the closing price of the previous two trading days, the closing price of the remaining stocks yesterday was suppressed by the highs of the previous two trading days, and the opening price this morning opened sharply lower.

As soon as Wang Minghui saw this situation, he said: "As soon as the market opened today, it fell across the board, and the situation is a little bad!"

Although Li Xin is very optimistic about the market and the long-term trend of the two stocks in his hand, he is a little uncertain about the short-term trend. In particular, the lowest point of the broader market index at 1815 points yesterday broke through the 20-day moving average of 1816 points, although the index rose again at the close, but the closing point of 1859 points was not much higher than the 20 moving average. And this morning, the low opening of 1837 points is again close to the 20-day moving average of 1816 points, if the broad market index opens low today, and breaks through the support of the 20 moving average again by the time it closes, then the trend in the next few days may really be as Wang Minghui and Zhang Shaohui feared, and will again approach the previous low before November 7.

The Jingxi coal industry stock in his hand, yesterday's highest price was 8.18 yuan, and the closing price was 8.17 yuan, although these two prices have been higher than his own cost of opening a position, and there have been a lot of profits on the books, but from the shape of the K-line chart, yesterday's closing price is still under the pressure of the 20-day moving average of 8.22 yuan. If the stock continues to decline after opening lower today, it will be farther and farther away from the 20-day moving average. If there is a general decline in individual stocks, then it is not impossible for the stock to continue to decline with the broader market and move closer to the low set on November 7.

As for the stock of Liugong Machinery, because from October 24 to November 7, there has been a wave of sharp decline, although the first three trading days have risen sharply, an increase of more than 29%, but yesterday's closing price of 10.36 yuan is still a lot of distance from the 20 moving average of 10.88 yuan, and the pattern of the K-line chart is still under the suppression of the 20 moving average. If today's trend of the stock opens low under the influence of the news of the one-hour suspension and closes with a long black candlestick, then the upward trend on the right side of the arc that the stock has managed to form is interrupted. This uptrend is a blow, if it is interrupted halfway, then the uptrend is impossible to continue, and the stock price may pull back sharply again under the 20 moving average of 10.88 yuan. Although the stock can still be expected to rise in the future, if the rise is frustrated in the short term, it will take too much time to accumulate if it wants to form a better upward pattern again.

So looking at the general decline of the market and individual stocks after the opening, Li Xin couldn't say anything more.