Su Yi noticed that 'Teli A's' stock price continued to fall under strong selling pressure, guessing that the 'Foshan Xi' funds had likely withdrawn.
He couldn't help but smile and sigh,
"No illusions, decisive stop-loss. 'Jihua Liulu' truly lives up to its title of 'Foshan Wuyingjiao'!"
Faced with the stop-loss exit of the 'Foshan Xi' funds, he did not make any moves.
He simply watched the stock price fluctuations of 'Teli A', quietly waiting for the stock's turnover rate to increase, and for other bargain-hunting funds to intervene.
In his opinion, the internal chip structure of 'Teli A' was still continuously accumulating.
And further concentrating within the price platform of 27 to 30 yuan.
In other words, the current trend of 'Teli A', this leading stock, has not broken down.
As long as the broader market trend warms up slightly, and internal chips become further concentrated, it can continue to be traded, guiding concerted fund efforts to create another wave of sustained profit-making effects.
However, when to ignite a long position and gather concerted fund efforts.
Su Yi was not sure.
At least, he hadn't found an opportunity yet.
Therefore, he could only continue to wait, waiting for 'Teli A's' floating chips on the board to clear out sufficiently, with a relatively ample turnover rate, and for the timing to emerge when it could resonate with the broader market's bullish sentiment.
As he waited.
At 10:00 AM, after 'Teli A' went 6 points underwater, it formed a quick rebound, and at the same time, the trading volume for half an hour reached 349 million.
At 10:20 AM, with countless bargain hunters following to buy, 'Teli A's' stock price rebounded to near its opening position, and the buying power supporting the bottom became increasingly strong.
The market sentiment expectation for this stock to 'turn from weak to strong' was also growing stronger in the minds of the countless investors following this stock.
At 10:30 AM, 'Teli A's' stock price successfully turned positive (flipped red), and strong buying was already starting to suppress selling pressure.
At 10:40 AM, after a brief retracement to a 2-point decline, 'Teli A' once again fluctuated upward and turned positive, and the active buying power on the board continued to strengthen.
"A leader truly is a leader!" Seeing that 'Teli A's' stock price could no longer fall under the strong buying, Zhao Qiang, in a large flat luxury residence in downtown Yuhang, couldn't help but smile and sigh, "With the market expectation of 'turning from weak to strong' forming, its ability to consolidate sentiment and attract followers is incredibly swift."
At this moment, he already held nearly 17,000 lots of 'Teli A' chips.
And after continuous low-level accumulation at the beginning of the trading session.
After 'Teli A's' stock price rebounded, he had already turned yesterday's holding losses into profits.
"Once the turnover rate increases a bit more, I can try to ignite it and see the effect."
Zhao Qiang noticed that on 'Teli A's' trading board, the volume of active selling was decreasing, and 'Teli A's' stock price clearly felt a bit hard to suppress.
After pondering for a while, he secretly thought,
"The 'Jinrongjie Fuxinglu' funds shouldn't have left yet, right?"
He was familiar with the trading style of the 'Foshan Xi' speculative funds.
Given the volume fluctuations in the morning session, he was almost certain that the 'Foshan Xi' speculative funds had most likely exited.
It was the 'Jinrongjie Fuxinglu' funds; after A Shen withdrew from that seat, he truly didn't understand their trading style.
Of course, even though he didn't understand the trading style of these funds.
However, he could still be certain that the 'Jinrongjie Fuxinglu' funds were top-tier smart money in the market, and judging from the pre-market auction trend, the other party also didn't intend to exit and take profits from 'Teli A'.
"Regardless of the motives of the 'Jinrongjie Fuxinglu' funds, I'll know after testing the market later."
Zhao Qiang thought for a long time after pondering.
Immediately, he turned his gaze back to 'Teli A's' trading screen.
And when 'Teli A's' intraday turnover rate broke through 10% and gradually fluctuated upwards to a gain of 1%, at 11:02 AM, he rapidly placed a super large buy order of 5,000 lots, igniting a surge in 'Teli A's' stock price.
When his 5,000-lot primary buy order poured into 'Teli A's' trading board.
Almost instantaneously.
It swept away over 50 order levels ahead of 'Teli A', directly pulling its stock price from around a 1% gain to nearly a 5% gain.
Subsequently, before he could place more orders.
Amidst 'Teli A's' sharp rise, a surge of follow-on buying continued to push 'Teli A's' stock price higher.
At the same time, concept stocks such as 'State-owned Enterprise Reform', 'Oversold Rebound', and 'New Stocks', which were linked to 'Teli A' in the overall market, also rose in tandem.
"Igniting at this time..."
Su Yi noticed the instantaneous unusual movement in 'Teli A's' stock price, a slight look of surprise appeared in his eyes.
He subconsciously looked at the trend of the main board and the stock price trends of small and medium-cap stocks in other concept sectors, secretly thinking,
"I always feel like it's a bit premature!"
At this time, although 'Teli A's' intraday turnover rate was sufficient, and the market expectation of 'turning from weak to strong' had largely accumulated on the board.
However, in terms of resonance with the broader market and the bullish sentiment of other concept mainlines.
He felt that it was clearly not yet in place.
Moreover, he always felt that the main funds' willingness to go long on the market's heavyweight sectors and other concept sectors was not strong, as if they were worried about something.
This caused his fingers to rest on the keyboard, but he never placed a follow-on buy order to maintain the market.
Thus further guiding various funds to surge upwards to the limit.
"Let's see again..." Su Yi gritted his teeth and abandoned the temporary buying plan.
Afterward, as he continued to observe.
'Teli A's' stock price fluctuated upwards all the way, settling at a 7.78% gain at the close of the midday session.
It not only completely reversed the morning's low-opening and sharp selling trend but also nearly completed a reversal of yesterday's trend, once again displaying the formidable posture of a market leader in both exchanges.
However, unlike 'Teli A's' low-opening surge.
The major indices, Shanghai Composite, Shenzhen Component, and ChiNext Index, still showed a weak volatile pattern at midday close.
Although the declines on the major index boards were small, all within 0.5%, the overall market's bullish sentiment seemed to be shrouded in a vague haze, unable to fully form a sustained and consistent bullish situation.
Ultimately, with 'Teli A's' stock price trend consistently unable to resonate with the broader market trend, and unable to drive the main board's heavyweight sectors and other small and medium-cap concept sectors forward simultaneously.
After the market opened in the afternoon, 'Teli A' was reluctantly dragged down by the broader market.
In the current situation where no one was actively pushing to seal the limit, it inevitably fluctuated downwards again, and the stock price gradually fell.
"Alas, just as expected..."
Su Yi saw 'Teli A's' market trend clearly being dragged down by the broader market, couldn't help but sigh softly, and began to offload his holdings.
(End of chapter)
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