Chapter 63 Jedi Counterattack
The other party's eagerness to grab money to close the board convinced Su Yu that this was a fund that had been informed of the news in advance and entered the market for speculation.
It further convinced him that Fenda Technology would have positive outflows during the midday break.
With the strong daily limit of Fenda Technology, its related "wearable devices" concept sector, as well as many related "Apple industry chain" concept stocks, have become more and more obvious.
Anjie Technology, Changying Precision, Xinwei Communications, Goertek Technology, Shuobeide, etc. all rose by more than 2%.
At the same time, under the continuous attack of main funds, the two major concept sectors of 'wearable devices' and 'Apple concept' also quickly climbed to the forefront of the growth of the concept sectors in the two cities, becoming the market's rebound after the retracement bottomed out. Among the leading sectors, it quickly attracted more market capital attention and investor attention.
"'Apple concept' stocks have rebounded across the board. Is this the end of the adjustment?"
"It should be so. Market funds are flowing into this sector crazily. It seems that this wave, my WeChat communication, will most likely be able to solve the problem."
"The Shanghai Stock Exchange Index, Shenzhen Stock Exchange Index, and ChiNext Index are all recovering. Depending on the situation, there is a high probability that they will turn red."
"The Apple industry chain stocks are so aggressively attacked by funds. Anjie Technology has risen by more than 5%. Is this going to lead the market in a comprehensive counterattack?"
"The strongest one is Fenda Technology."
"Yes, it's just that the check is rising too fast, and I can't keep up."
"The growth rate of the two major concept sectors, 'wearable devices' and 'Apple concept', has exceeded 1.5%. The speed of capital inflow into these two major sectors seems to be accelerating. The strongest concepts today should be these two major sectors, right? I feel that this will It is the main concept of the subsequent market!”
"Buy, buy, the funds have chosen the direction of attack and must keep up."
"Damn it, is Anjie Technology planning to hit the market? It's a 7% increase!"
"On the daily limit board of Fenda Technology, more than 200,000 orders have been closed, with more than 200 million in funds. It seems that the main funds have indeed completely abandoned the popular concepts of 'mobile games' and 'film and television media' in the early stage, and are going all out to attack." Wearable Devices' and 'Apple Concept' Stocks."
"There is a high probability of another round of switching between high and low, and the sector will rotate."
"The hype road of the 'intelligent terminal equipment' industry chain has always been the absolute core main line of the market in the past two years. It has been adjusted for so long, and now... it is time for the 'king to return'."
"Yes, when it comes to future prospects and certainty, it is indeed the main line of 'intelligent terminal equipment' that has the highest prospects and certainty."
"What I didn't say is that we must increase our positions. In the second half of the year, there will be too many benefits for this industry."
Seeing the sudden emergence of two related sectors, "Apple Concept" and "Wearable Devices", leading the market to rebound from the bottom, countless retail investors began to gather to follow the trend and buy the bottom in amidst the fierce discussion in the market.
Su Yu stared at the two core concept sectors of 'Apple Concept' and 'Wearable Devices', whose net inflows have exceeded 300 million.
Knowing that the initial money-making effect of the market has already gathered.
"The market's time-sharing capacity continues to expand, and more and more funds are pouring into the 'Apple concept' and 'wearable device' concepts to follow suit. Anjie Technology is approaching its daily limit, and other core concept stocks have also entered a period of heavy volume growth. "The trend." Su Yu secretly said, "It seems that these two core concept sectors have regained momentum after adjusting at a low level and should be recognized by most funds in the market at this time."
Once the consensus of all funds in the entire market is obtained, then there is no need to worry too much about the continuity of the market in the future.
After all, in the current market, although incremental funds and active funds cannot support a comprehensive and sustained general rise in the market, it can still support the continued interpretation of two or three concept sectors.
“Next, let’s look at the driving role of these two core concept sectors in the entire market.”
Su Yu glanced at the time and saw that it was already close to midday, and continued to think secretly: "If these two concept sectors can fully drive the sentiment recovery of the entire market during the afternoon trading hours, then a comprehensive breakthrough in the index will be achieved." Hope."
The partial money-making effect has already gathered.
However, in order to realize the expectation of the index's "big counterattack", the ChiNext Index can successfully stand at 1,000 points and open up space for subsequent market conditions.
Then, the local money-making effect must be spread to the entire market.
Of course, Su Yu predicts that this will most likely be achievable as the ‘Apple concept’ and ‘wearable device’ concepts have been developed and sector rotation and money-making effects have been completed.
During his brief contemplation, 11:30 arrived.
The Shanghai Stock Exchange Index fell back to 0.23%, almost turning red; while the ChiNext Index also fell back to 0.45%, recouping most of its early losses.
And throughout the morning, the total trading volume in the two cities was slightly larger than yesterday.
This proves that the market's ability to undertake is still good. Although there are many selling orders, there is no emotional panic.
Then came the lunch break.
At about 12:15, when Su Yu finished his lunch and returned to his computer desk, Fenda Technology, a company, issued a new positive announcement as he expected.
The announcement stated that the company has passed Apple MFi6.0 certification and will fully enter the "wearable device" market in the second half of the year. It will cooperate with a well-known company in the industry in Moss Bay to release a smart watch.
And almost at the same time...
In the entire market, research reports on the future prospects of the "Apple industry chain" and "wearable devices" have also begun to flow out in large quantities, and many institutions are optimistic about them.
Su Yu observed the market sentiment and looked through these institutional investment research reports that were all optimistic.
Knowing that the two main lines of "Fenda Technology" and the concepts of "Apple concept" and "wearable devices" should be fully alive, it is also known that institutions will inevitably make great efforts in these two aspects in the future. New incremental funds will continue to flow into these two major sectors, constantly raising the valuation and stock price of the corresponding stocks.
As expected...
At 1 o'clock in the afternoon, the stock market opened for trading again.
The "Apple concept" and "wearable device" concept stocks that have already led the two markets have ushered in more rapid buying under the circumstances of various market benefits and many institutions singing bullish.
At 1:16, Anjie Technology hit the daily limit, becoming the second stock with both "Apple concept" and "wearable device" concepts after Fenda Technology.
At 1:32, Shuobei De and Changying Precision also hit the daily limit.
At 1:43, the two leading concept sectors, "Apple concept" and "wearable devices", rose by more than 4%, and the stocks in the sector rose across the board.
Driven by the extreme money-making effect of these two concept sectors.
The Shanghai Index, Shenzhen Index, and ChiNext Index all turned red and rose, and the ChiNext Index broke through rapidly. Not only did it come from behind, far exceeding the increase of the Shanghai Index and Shenzhen Index, it also returned to 990 points and stood at the breakthrough mark of 1,000 points again.
Moreover, when the time entered 2 o'clock...
The entire market suddenly increased rapidly, and the two core concept sectors broke through the height of 5%.
The pan-mobile Internet stocks such as "mobile payment", "smart city", and "Internet finance" that were adjusted in the early stage, as well as concept stocks such as "mobile games" and "film and television media", also ushered in a huge amount of incremental funds at this time, either turning red and accelerating the rise, or the decline quickly shrank.
"The entire market, popularity and emotions have been fully stimulated."
Su Yu noticed that the most active core concept sectors of the ChiNext Index have recovered across the board. Knowing that the ChiNext Index has broken through 1,000 points, at this time, he secretly said: "After the previous wave of consumption, the pressure of the ChiNext Index at 1,000 points is no longer so heavy. Today, the main funds, with the help of the low-level outbreak of the "Apple concept" and "wearable device" concepts, should not retreat again!"
At this moment, the funds and trend-following sentiments of the two cities have accumulated to the climax.
Su Yu believes that this is the best time for the index to break through and attack.
Sure enough, as he was looking forward to and waiting, he saw that the ChiNext Index, with the rapidly expanding volume, was approaching the 1,000-point mark without stopping.
About 5 minutes later, at 2:19.
The ChiNext Index, driven by the strong closure of "Xinwei Communication" and the rapid rise of other related concept stocks, once again hit the 1,000-point mark.
Moreover, almost in an instant...
The ChiNext Index broke through the resistance of 1000 points, broke through to 1005 points, and rushed to 1008 points.
"The intraday volume has expanded by at least 20% compared with the previous breakthrough." Su Yu stared closely at the volume changes of the ChiNext Index when it broke through, and he couldn't help but feel a little excited, saying, "This time... it is likely to succeed!"
As he whispered in his heart.
The ChiNext Index climbed strongly again within 3 minutes, breaking through the 1008 point, and setting a new rebound high of 1009.56 points.
Then...
Seeing the successful breakthrough of the ChiNext Index, the investment sentiment of the market has once again reached a new climax.
I saw huge off-site funds and countless short-term follow-up funds rushing into the core concept sectors to grab shares. The Shanghai Index and the Shenzhen Index also rose by more than 1% in an instant in the extremely strong breakthrough of the ChiNext.
At this moment, the entire market ushered in a long-lost Jedi counterattack and a comprehensive surge in volume.