3.19 midday session. Enough already. Will this ever end? Will this ever end?

[淘股吧]

Market Overview

2 trillion yuan

How many needles have been inserted, and it continues to rebound sharply

Reliable? This is endless, bullying people.

No breaking, no establishing; this isn’t low, it’s already a bottom area

No need to panic too much

Profit-taking effect

Almost freezing point

Surprisingly no limit-down, this is abnormal

Limit-ups are scarce, only 24

Themes

Bulk commodities

Below expectations

Can’t chase a little? Why dislike this sector

Because it’s too disturbed by futures

Can only do expectations, can’t follow expectations

Yesterday’s late trading was still bullish on Jinye Chemical, which is based on expectations

The game is geopolitical escalation, who could have guessed?

If no game, it’s just dull

Last night, they played the game and achieved expectations.

So today, especially in bulk commodities like methanol, should be super strong

If not strong, then weak, can’t add a little at the back

Yesterday’s low-level catch-up, Chengzhi Shares, seemed to have no top at the auction, which was slightly below expectations.

Funds shifted to Xinghua Shares, which still fears high at the top

Because Sanfangxiang, although not methanol, is also a high-standard chemical stock, and they dare not push it up

What a joke

The chemical sector’s catch-up is really blind; around 3 limit-ups, they dare not push higher.

Chemical stocks opened high at auction and were quickly realized; PetroChina started rebounding

Main theme of the big A market is bulk commodities

During the session, WTI crude oil started to plunge; hurry up, or the timid A-shares won’t dare to rebound

Power sector

Sure enough, internal competition

Low-level catch-up still revolves around this

A correction after decline, the rhythm of 2.5 days, orderly catch-up

Jinkai New Energy and Huadian Energy, both internal competition

Actually, just watch these two crossing the line

Replacing Shun Na Shares

The script is the same as expected, but I said I don’t want to look at this sector anymore

Because it’s too competitive.

If tomorrow’s electricity rebound ends and a decline phase two begins,

Even if today was against, how much it can carry tomorrow is uncertain.

Big Tech

Overseas NVIDIA-related

Institution’s darling, NVIDIA fell

But they kept buying Yizhongtian

Pushed CPO optical modules into the green

PCB side, Dongshan Precision, after two days of divergence, really seems to be turning to phase three.

Domestic semiconductors and storage

Is this TM institution stock also so poorly received now?

Feels like going back to the day before Dongshan Precision and NVIDIA’s GTC conference

That day, after the meeting, the biggest positive was the LPU architecture PCB

Funds understood more, positive realization

Last night, Micron’s performance greatly exceeded expectations, not my words, but institutional interpretation

Storage stocks today are weak in the auction, the market opened lower, most sectors also opened lower, which was expected

But yesterday, the largest increase among sub-sectors was computing power leasing, with storage ranking third

Today, computing power leasing didn’t fall much in the auction, but storage dropped over 2%

That’s a big difference

Mainly because high-level Damingli and Baiwei Storage, one resistant to decline, the other non-committal

Low-level strength, Chengbang and Tongyou couldn’t deliver

This yin-yang shift, funds flowed into computing power leasing and cloud services

After today’s movement, the storage pattern is clear: Big Brother Baiwei Storage, Second Damingli, Third Jiangbolong

Today Jiangbolong started to go against the trend.

Computing Power Leasing

Last night, it felt like there was a sign of turning to phase two

Needs to be verified today

First, identify the stocks driven by the recent lobster surge after 03.06, see if they turn stronger on the right side

The first obvious one is the anti-dip stock, Hongjing Technology, which followed the lobster and moved to A-shares; it never fell

But yesterday, in the afternoon, computing power leasing exploded, moved a bit, then stopped, not very good

Then, Aoruid and Meiliyun

Aoruid hit the limit-up on the right side at a new high, Meiliyun also hit the limit-up but couldn’t reach a new high on the right side

However, Meiliyun’s limit-up was larger than Aoruid’s

So, observe the fund choices: after the auction, Aoruid opened high, Meiliyun opened low

But Aoruid was pressed once at the open, immediately judged high or low

Then, after Meiliyun exploded, Aoruid re-closed earlier than Meiliyun

But today, Meiliyun can close with reduced volume to the end of the day, which is beyond expectations

Because it should have volume at the limit today.

The funds daring to buy into computing power leasing this morning were prompted by a 1.7 billion buy order from Dashengda

This is a key stock for turning to phase two and catching up

Without this prompt, trading computing power leasing today would be wrong

Key Stock Comments

Damingli

This institutional stock also plays on sentiment, so helpless.

Institutional stocks tend to be sold off actively after diverging from the 5-day moving average

Then wait for a pullback to key moving averages, 5-day and 10-day, before low buying again

But yesterday’s atmosphere, who wouldn’t wait to sell high today?

Resulted in a big gap-down at the auction

After the auction, it was just a step away from the 5-day line.

Most people would look at the 5-day line for support

Initially fine, but during the session, it broke below the 5-day line, causing panic selling

Profit-taking peaks from earlier stages started to shrink; funds that entered yesterday at high levels got trapped

This is a mess. Institutional stocks need to buy low at important moving averages

They should have done so the day before, when the chips peak was still stable, for example Dongshan Precision, which retested the 10-day line, but the bottom chips peak didn’t move, so low buying was possible. Today’s expectations are better.

For stocks like Damingli with moving chips peaks, uncertainty increases.

Either like March 12-13, when chips peaks shrank on March 12, causing high-level trapping, but the next day, a rebound formed a new chips peak, which is fine.

If it can rebound tomorrow, it’s a divergence during the main upward process.

If it can’t rebound and continues to adjust, it’s below expectations, still far from the 10-day line, quite awkward.

Hongjing Technology

Last night, institutions named it;

It provides computing power for Alibaba, and also announced 60 billion yuan guarantee, which those familiar with Hongbo Shares know is a positive.

It hasn’t hit the limit-up yet, but if it rises a little tomorrow, it will trigger abnormal movement.

Meiliyun

Today, no volume breakout leaves the divergence for tomorrow.

The sudden surge today isn’t enough.

It boosted state-owned cloud assets, which is positive for it, but also depends on the sector’s fermentation in the afternoon.

Half-day trading is no longer useful.

Can it rebound in the afternoon?

It depends whether the divergence is strong or if it continues to rebound.

If it’s the former, watch more and act less, because there might be a further decline tomorrow.

If it’s the latter, focus on technology stocks first, as the market has been distorted by quantification.

Without a lead, it’s very difficult to act early.

Need to anticipate in advance, set expectations early, and then see if they are fulfilled based on the next day’s strength or weakness.

Chasing expectations for fulfillment often leads to being trapped and repeatedly harvested.