Yinzhijie's stock price was quoted at 23.95 yuan, and the remaining 400 sell orders and the pending order of 24 yuan could no longer be traded; Xu Jianqing stared at the trading market in a daze.
"A sell order of 500 lots has such an effect? And only 100 lots were sold." Xu Jianqing asked Gu Junhao.
"Absolutely. He seemed to be pulling hard in the morning, but in fact he only sold about six to seven hundred lots. That's why the market is so light. Let's get rid of the remaining unsold ones."
It's not really about selling, it's just a guide. Since the effect has been achieved, there is no need to worry about whether to sell or not.
23.95 yuan is not the bottom of Yinzhijie's A-shaped pattern. As the big orders were released, many people followed the trend above the trading market. At 9:49, Yinzhijie reported 23.50 yuan, and it just stopped falling.
.
With the last sale order of 57 lots being traded at 23.50 yuan, and a 3% fall after a 4% surge, Yinzhijie's stock price was once again pulled up by various retail investors, to 23.70 yuan.
At 9:55, the GEM index turned red, and Yinzhijie's stock price also entered a period of shock, fluctuating around 23.70 yuan. Above the trading market, 100 sell orders gradually increased.
"It looks like it's going to fall further." Gu Junhao said with a smile. Yin Zhijie still had too little time to adjust in the early trading. It deviated so far from the 5-day line and was pulled up by retail investors.
Judging from the recent sell orders, the main funds seem to be intending to continue to adjust. At 10:15, the GEM index broke through 1,500 points, setting a new high since the rebound.
At this time, Yin Zhijie once again went against the market. A sell order of 300 lots pushed Yin Zhijie to the flat price of 23.50 yuan again. Then, Yin Zhijie followed up with a sell order of 125 lots at the flat price.
The stock price turned green.
The amplitude in a short period of time exceeded 5%. The retail investors who chased the price and bought above 24 yuan in the morning were probably in panic by now.
"Chasing high prices will regret your life, haha." Gu Junhao suddenly laughed, the GEM index hit a new high, and Yin Zhijie has always been accustomed to independent market prices, so it is common for the index to rise and for him to fall.
Just like in the morning, Yinzhijie fell rapidly, and at 10:22, the stock price was reported at 23.05 yuan; at this time, the number of buy orders above the 100-lot level on the trading market increased.
At 10:29, Yinzhijie returned to the red market price, with the stock price reporting 23.52 yuan.
After seven minutes of smashing and seven minutes of rising, the stock price did not change, but the danger was evident; in terms of trend, Yin Zhijie's time-sharing chart was also extremely ugly.
A-shaped surge, V-shaped decline and reversal after 25 minutes of sideways trading, the stock price has not changed much compared to the opening price, but how many people have been trapped, how many people have been washed away, only those who are staring at the trading market
Only then can we know.
At 10:30, after Yinzhijie briefly returned to the flat price, the stock price once again rose to around 23.70 yuan and fluctuated. The trading volume has shrunk a lot compared to the opening stage.
As the GEM index exceeded 1,500 points, the enthusiasm of small and medium-sized entrepreneurs was ignited, and ordinary retail investors no longer paid as much attention to Yin Zhijie as they did in the early trading.
Yinzhijie returned to calm, and its stock price fluctuated around 23.70 yuan. Throughout the morning, Yinzhijie's stock price never exceeded the price of 24 yuan, and the highest price only rose to 23.95 yuan.
As of midday trading, Yinzhijie was trading at 23.89 yuan, up 1.66%, and the trading volume in the morning was close to 50 million yuan.
The ChiNext Index hit a high of 1,504.50 points in the morning and then slowly fell back to close at 1,495.01 points at noon, up 0.07%.
Not surprisingly, when Yin Zhijie soared from the price of 23.70 yuan, it was the moment when the GEM index began to fall. It seems that today's main funds are destined to move in the opposite direction to the index.
Judging from the weak fluctuation of the Shanghai Composite Index in the morning, if the GEM Index rises again in the afternoon, Yin Zhijie is destined to have an adjustment trend today.
"It was too ugly to walk this morning." Wang Ruoyu said suddenly during lunch time.
Dongfang Wealth, which was still rising yesterday, started like an index today, opening at a low of 1%. However, Dongfang Wealth did not choose to follow the rise in the GEM index in the morning.
As of the noon closing, Dongfang Fortune still closed in the green, and the stock price fluctuated by only 2%. This reminded Wang Ruoyu of the previous market trend when Dongfang Fortune fell unilaterally.
"It's okay. Anyway, we have already reduced our positions before. It's better if we fall." Xu Jianqing said carelessly. The 500-lot smash this morning was really exciting.
A guide can make the stock price fall by 3%. If the sell order is bigger, wouldn't it be possible to directly hit the lower limit? Thinking of this, Xu Jianqing seemed a little excited for no reason.
"The three major indexes have all reached pressure positions. It is normal for funds to be fearful of highs at this position. Don't worry too much." Xu Jianqing is right. He had already reduced his position before, and when it fell to the position, he just increased his position and came back.
Trading continued in the afternoon. At the beginning of the opening, the ChiNext Index began to slowly rise. By 13:15, the index returned to the 1,500-point position again.
Yinzhijie continues to adjust downwards. Whenever Yinzhijie has a big rise, it will start to adjust the market the next day, which can take up to three or four trading days, or as short as one trading day.
"I don't know how long this adjustment will take." Gu Junhao thought secretly.
Although the time-sharing chart of Yinzhijie today is extremely ugly, judging from the stock price trend and trading volume, the performance is pretty good. After turning red at 10:30 in the morning, Yinzhijie has never gone green until now.
In terms of trading volume, there was a trading quota of nearly 50 million yuan in the morning. As long as the volume does not shrink too seriously in the afternoon, it can basically reach the daily average trading standard of about 100 million yuan.
However, in Gu Junhao's view, Yin Zhijie's slowly adjusting upward posture is the most perfect, and it would be better if it can be adjusted to near the five-day line.
In the afternoon, the overall market conditions of the Shanghai and Shenzhen stock markets were weak. Although the small and medium-sized startup sector and the GEM index performed well, they were not enough to stimulate market sentiment.
Even after experiencing the big rise in 2013, the GEM in 2014 was far less popular than in later generations.
At 14 o'clock, the GEM index continued to rise after the adjustment. Yin Zhijie fell to near the daily moving average, and the stock price returned to 23.70 yuan again. Today, he can't live with this price.
At 14:07, the GEM index hit a new high in the afternoon, and Yinzhijie's stock price changed. A sell order of 500 lots pushed the stock price to 23.30 yuan.
"This Gouzhuang is really interesting, and it doesn't have much quantity yet it needs to be smashed." Xu Jianqing said with a smile. He had recently learned the term "Gouzhuang".
"It's probably moving on the equal average line. It looks like there will be another adjustment tomorrow." Gu Junhao continued.
As Xu Jianqing said, there was not much trading volume, and nothing could be done by smashing it. Three minutes after turning green, Yin Zhijie also returned to the red plate state.
After that, Yin Zhijie returned to the shock mode. Except for the half-hour shock in the early trading, Yin Zhijie's market throughout the day was extremely boring.
At the close, Yinzhijie reported a price of 23.70 yuan, an increase of 0.85%, with a turnover of 96.84 million yuan; the price of 23.70 yuan is definitely unreachable today, and the market must close at this price.
The market conditions in the two cities were dull today. Although the ChiNext Index broke through the 1,500-point integer mark and closed at 1,504.97 points, the market trend of the bald positive line did not bring much money-making effect.
In addition to the tourism sector, which had a sudden opening, the only sub-new stock sector that can be said to have performed well throughout the day was the sub-new stock sector, with most stocks in the midst of an adjustment trend.
The Shanghai Composite Index fell 0.35%, with the K-line trending negative for two consecutive years; the performance of the stocks held by Gu Junhao today was also very average, and the market was sluggish throughout the day.
Among the five stocks, only one stock, Yinzhijie, closed in the red, Xibe Securities and Tonghuashun had two consecutive negative performances, and Dongfang Wealth also fell by 0.86% today, leading the five holdings.
Dongfang Wealth, which has remained weak and volatile throughout the day, has moved downwards at its top position. Although it barely closed above the 5-day line today, with Tonghuashun's continuous decline, I believe a downward adjustment is not far away.
The growth rate of the ChiNext Index currently seems to be just a false increase. Before the strong stocks have adjusted well in the early stage, there will still be an adjustment like the Shanghai Composite Index.
The Shanghai Composite Index's two consecutive negative days, coupled with the dull trading conditions throughout the day, also poured cold water on the recent hot emotions in the two markets. It seems that the agency's briefing yesterday still had a certain effect.
Even Xu Jianqing and the other three seemed a bit listless at the closing today, but Gu Junhao was happy to see this trend. In addition to reducing his own position, Gu Junhao really hoped that the market could adjust.
Just like today's Yin Zhijie surged higher in early trading, Gu Junhao will decisively sell the market when the trading volume cannot keep up with the increase. Gu Junhao also hopes to adjust the index.
Benign adjustments are not a bad thing for individual stocks and indexes. Adjustments are also for better growth.
In the last few days of the Liulianyang period, as well as the adjustments in the last two days, the market's trading volume has never achieved a breakthrough. The trading volume cannot increase, so naturally there can be no breakthrough.
In the evening, the statistics department released the data for August that the market was looking forward to as scheduled. In August, the CPI increased by 2% year-on-year, down 0.3 percentage points from last month.
CPI, whether too high or too low, is inappropriate and will have various negative impacts. Too high a CPI may lead to unclear economic prospects.
However, if the CPI is too low and the level of consumption decreases, it may trigger deflation; the best CPI is to maintain it between 2% and 4%.
Too high or too low is a kind of harm to ordinary people.
Although the CPI in August remained within the normal level, the 0.3 percentage point month-on-month decrease also made the CPI in August the second-lowest level of the year.
This set of data from the statistical section has also triggered market concerns about the economic downturn in the third quarter. The market generally expects that the GDP growth rate in the third quarter is also more likely to decline compared with the second quarter, and the subsequent economy will have natural downward momentum.
In addition, data from the statistics department also showed that the year-on-year decline in PPI further expanded in August, with month-on-month negative growth for seven consecutive months.
"It's interesting. Although the data fell back, the bearish traders in the market immediately jumped out again." Gu Junhao said while brushing up on the market comments.
These hindsight, bullishness and bearishness are all in one thought.
Chapter 100 is the VIP chapter, let’s commemorate it.