Cherreads

Chapter 46 - Chapter 46: In our circle, it's impossible to have such an awesome young person!

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"What, the trading seat 'Huaxin Securities Modu Financial Street Fuxing Road Branch' is not being used by God A anymore?"

Ten minutes after Qiu Guoyu issued a statement, Xu Qiao saw a screenshot of Qiu Guoyu's statement forwarded by a group member in the 'Modu Gang' internal group, and was instantly greatly shocked,

"How is that possible? 'Teli A's' reversal from limit-down to limit-up today is basically consistent with God A's past trading methods."

"The big players in the circle have confirmed that today's masterpiece, 'Teli A's' limit-down to limit-up reversal, was truly not by God A."

"Such a classic trading technique for igniting and consolidating sentiment, yet it wasn't God A, that's quite unexpected."

"What did God A mean by 'The waves behind push the waves ahead...'? Was he saying that the person who mainly controlled 'Teli A' today is a newcomer?"

"At least a young person!"

"Impossible, in our Modu new-generation individual investor circle, it's impossible to have such an awesome young person!"

The messages in the group refreshed rapidly, everyone, like Xu Qiao, was greatly impacted, and at the same time, they were all curious and guessing who this 'young person' who could earn God A Qiu Guoyu's praise really was, and where they suddenly appeared from.

Even many insiders with connections and channels.

Driven by curiosity, had already begun to inquire through their unique connections and channels about who exactly made large-scale purchases behind the 'Huaxin Securities Modu Financial Street Fuxing Road Branch' trading seat today.

But regardless of whether anyone found out anything.

And regardless of how many large investors and retail investors in the market knew that the 'Huaxin Securities Modu Financial Street Fuxing Road Branch' seat was no longer operated by God A.

In short, with the continuation of discussions among numerous market investors.

The investor attention and discussion popularity for the stock 'Teli A' completely exploded.

Throughout the evening, and even until the next day, Friday, July 10th, before the market officially opened, the popularity of 'Teli A' remained second only to 'Huaguo Pingan' and 'Huaxin Securities', ranking first on the popularity list for small and medium-cap concept stocks in both markets.

Su Yi didn't expect the market popularity of 'Teli A' to surge so quickly.

In just one night, it became a highly sought-after stock in the market.

However, true market leaders of concepts are never afraid of popularity.

The current market is in a phase where investment confidence and speculative sentiment are gradually recovering.

And the stock price of 'Teli A' was also at the bottom.

At this time, a bit more popularity, Su Yi felt, was not a bad thing.

Just as he was slightly surprised by the market popularity of 'Teli A', the market had already entered the call auction phase.

As the trading screens of both markets just began to flicker, 'Teli A's' stock price instantly jumped from yesterday's closing price to around a 7% increase.

Afterwards, as the call auction time in both markets progressed.

'Teli A's' stock price began to gradually fall back from the 7% increase, while the matched transaction orders on the screen also began to gradually increase.

And then.

When, after 10 minutes of call auction time, it reached 9:25 AM, and the call auction in both markets ended.

'Teli A' ultimately opened significantly higher, settling at around a 5% increase.

"This opening pattern isn't bad,"

Su Yi said, nodding with a smile as he looked at 'Teli A's' 5% higher open.

"With a positive feedback limit-up premium, it can attract capital to continue buying in, and also continue to build momentum upwards."

During the recovery period of market speculative sentiment, the leader fights for momentum.

Whoever is strong can achieve greater upside, gather stronger sentiment and follow-on funds; whoever is weak will be quickly abandoned by capital.

Therefore, since 'Teli A' showed a very strong profit-making effect yesterday.

It gathered the attention and discussion of many market investors, gaining a certain degree of popularity and hotness.

Then, today, in the process of advancing to the second limit-up, it absolutely cannot falter, cannot show any weak form, and cannot give other follow-on stocks of the same concept a chance to smoothly consolidate their positions.

Only then can it continue its path as a leader and have the hope of challenging a third limit-up later.

Having clarified this trading logic...

When the market entered 9:30 AM and officially began the continuous auction trading session, Su Yi saw an instantaneous surge in volume on 'Teli A's' trading screen.

The new follow-on buying orders pouring in at the opening could not quickly absorb the heavily profitable chips sold off yesterday.

He couldn't help but quickly use the remaining available funds in his stock account, without waiting for 'Teli A's' stock price to have any chance of falling, and directly placed a main buy order for 3,000 lots at market price, coordinating with the follow-on buying to absorb yesterday's heavily profitable selling, and forcefully push the stock price upwards.

With his continuous assistance.

At 9:31 AM, 'Teli A's' stock price increase reached 6%.

At 9:32 AM, 'Teli A's' stock price increase broke through the 7% mark.

At 9:33 AM, 'Teli A's' stock price increase successfully crossed the 7.5% mark and continued to climb.

And within these three minutes, Su Yi had continuously bought 7,000 lots, totaling 9 million in funds, while keeping yesterday's chips fully locked up.

Immediately after, as Su Yi planned to continue buying chips and push 'Teli A's' stock price to an 8% increase in one go.

Suddenly, the selling pressure on 'Teli A's' trading screen actively decreased, while the proactive follow-on buying power surged.

Seeing the instantaneous abnormal reversal of bullish and bearish forces on the trading screen.

Su Yi couldn't help but let out a surprised sound, pondering for a while before finally understanding the logic behind this change in phenomenon.

This was because after 'Teli A' surpassed a 7.5% increase, the expectation of a limit-up grew stronger, and the expectation of a high-level pullback weakened.

This caused funds that were initially interested in the stock but hesitant to quickly follow suit and snap up shares at this moment.

It also led to those existing investors in the market who had originally expected the stock price to fall suddenly becoming generally reluctant to sell.

When he figured out the logic behind it, he came back to his senses and his gaze returned to the trading screen.

At this moment, 'Teli A's' stock price had already broken through the 8% increase mark, and was heading directly towards the limit-up with unceasing momentum.

At the same time, as 'Teli A's' stock price got closer and closer to the limit-up.

On the trading screen, the follow-on orders to snap up shares that converged were also increasing.

Finally, in just 6 minutes after the market officially opened, 'Teli A', with a furious, aggressive charge, firmly hit the limit-up amidst countless active short-term funds scrambling to buy, continuing to lead the speculation on the two major concept themes of 'state-owned enterprise reform and restructuring' and 'oversold rebound' to develop further.

(End of chapter)

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