2026.5.11 Domestic chips are expected to flow back as planned, but in reality, the experience of holding shares isn’t particularly good—this is because

Today I have a slight cold, so the review will be a bit more concise. [Taogu Ba]
I believe many friends want to ask a few questions, which are listed below:

1. The robot sector performed so strongly yesterday, is it over today?
2. The domestic chip sector, why does it feel different from before?
3. The commercial aerospace sector, is there still a chance tomorrow?
   With these questions in mind, let’s first restore the entire market picture.
   Let’s take a look at the so-called volume and energy performance of the whole market, which is quite clear.

From the perspective of volume and energy, the entire market performed extremely strongly, probably the strongest day in nearly half a year. The strength in volume here should have several reasons, first of all, in my view, the index needs to break through the previous high of 4197, which is a very critical level because there are too many trapped positions inside.
Just like the prediction chart I drew for the overall market yesterday, it’s basically the same now.
Actually, during this period, only a few sectors can be considered relatively strong:
Computing chips, CPO, optical communications, storage chips, PCB (which should actually be categorized as the same sector).
Robotics, commercial aerospace, lithium battery energy storage.

Major Tech Sector:
During the early trading phase, two directions were actually indicated:
Computing chips, storage chips;

1. After the computing chips finished the bidding, companies like Haiguang Information, Lankeng Technology, and China Great Wall showed very obvious performance. They all wanted to continue pushing higher at the same time. By the end of the day, only Haiguang Information and Lankeng Technology were recognized by funds. If attentive friends notice, the strongest in the early session related to computing chips was the CPU-related ones. China Great Wall also showed some performance, but not strong enough; among the three, it was the weakest.
2. Storage chips: at the opening, the best performer should have been Lankeng Technology. It maintained strength throughout the day. Under the guidance of large-cap stocks, companies like Zhaoyi Innovation, Baiwei Storage, Jiangbolong, and Changchuan Technology all performed well. This ultimately triggered the entire storage chip sector.
3. Overall this year, the performance of storage chips over 20 centimeters has been much better than that of 10 centimeters. It can even be understood that today’s 10-centimeter performance was triggered by the 20-centimeter sector.
4. Optical communications: in fact, this sector has already shown a clear high-low switch. The overall valuation of optical communications in the market has become somewhat high. The few stocks still with some value are mainly Guangxun; based on today’s performance of the Major Tech line, the least expected should be China Great Wall, and the brightest should be Lankeng Technology, Changchuan Technology, and Dapu Micro;
   There is a bit of a hidden concern about technological relevance here. Although it is the main line, the biggest problem now is that internal rotation effects have emerged. Just like the first phase of the main rally cycle, which focused on computing chips, then shifted to optical communications, and today is again focusing on storage chips. The biggest issue is that it’s becoming less focused, with funds dispersing too much, making it impossible to form a strong synergy in a particular direction. Also, if you carefully review the market, there’s another problem: the duration of focus on any one sector is getting shorter.
   Computing chips: maintained for 4 days;
   Optical communications: maintained for 2.5 days;
   Storage chips: maintained for 1 day;
   From these data, you can see that the time each sector stays hot is getting shorter, and the overall focus on the market is weakening.
   Therefore, I believe the best strategy here is the “take a hit and stand firm” approach I mentioned earlier. Like I chose to buy China Great Wall on Friday, betting on a rebound today (Monday). But the target I bet on wasn’t strong enough today.

Robotics Sector:
I still have a personal bias towards the robotics sector because its total market cap is simply too small to support a breakout of this level.

1. The opening of the robotics sector was very clear; yesterday’s strong performers like JuLun Intelligent and Daye Shares didn’t perform well at the open today. Overall, the best performer throughout the day was probably JuLun Intelligent. At least on a day with divergence, it mostly stayed above the moving average, which is quite rare. Robotics will still emerge to maintain some heat during main line divergences. Whether it can become the next main line is uncertain. But in terms of size, I think it’s unlikely. To see if it can succeed, just look at JuLun Intelligent’s performance, because its influence on the sector is still decent.
2. Commercial aerospace:
   Today’s market activity showed no real performance right at the open. In the previous trading day, all attempted stocks performed poorly. At this level, it’s basically a sector that just accompanies the main trend, emerging during divergences to maintain some heat. It’s a sector that tends to rotate. The core of this sector should be Aerospace Development. The late-stage buying of Aerospace Development indicates that someone is betting on continued rotation tomorrow. The logic here is simple: because today’s storage chip sector is too hot, some are betting on the rotation of commercial aerospace tomorrow. When buying, they will definitely choose the most core stocks, so focus on Aerospace Development first. You’ll then have a rough idea whether commercial aerospace can succeed tomorrow. At least that’s the early judgment. As for the sudden rally in the morning, that’s a bit like a sneak attack.
   Lithium Battery Energy Storage:
   Based on the signals from the market, this sector seems to have cooled down in the short term. But whether funds are still betting on the expected divergence is uncertain. At least in the past few days, from a flow perspective, it’s unlikely to perform very well in the near future. If anyone still holds stocks in this area, be cautious.
   After discussing sectors, let’s talk about the direction of the continuous limit-up stocks:
   From the perspective of limit-ups, today’s top was FuDa Alloy. Normally, it should also face a limit-down tomorrow. It has a computing power attribute, but have you seen its computing power attribute? The leading stock in the computing power sector, Litong Electronics, performed below the surface all day, but its support was decent. The key point here is that it’s the only stock holding up the entire computing power sector. If the sector doesn’t follow, that’s a major flaw for this stock. The optical communication sector: today, almost all three-limit stocks were dominated by optical communications. Among these, I currently favor Baoding Technology because it had a volume explosion at this level. We’ll see how it performs at the opening tomorrow. Among those stocks, why not choose Tongding Hulian? The main issue with Tongding Hulian is the 200% abnormal movement rule. TaiJing Technology’s main problem is that it has been shrinking in volume for three consecutive days. Who dares to buy? Among the second-tier stocks, I prefer Guangxun Technology, which is gradually rising on the boards, because it’s almost the cheapest in the optical communication sector. TianPu and PuRan also performed reasonably today.
   The more exciting stocks in the sector today include JinTangLang, which attempted a re-accumulation but was halted and then dropped in the afternoon. Here, I have to mention that today’s volume was too strong—some stocks have already jumped the gun, so to speak. Plus, JinTangLang, which originally was moving with the computing power attribute, had its fate sealed today because the entire computing power sector underperformed. Its quick limit-up in the morning was just a show of strength. I really admire JinTangLang’s main force; they controlled this node quite well, in my opinion.
   Following JinTangLang’s lead, attempting a re-accumulation, are Baoguang. Honestly, I don’t think much of Baoguang’s re-accumulation; frankly, its early performance told me I shouldn’t expect much. I didn’t expect it to actually hit the daily limit and close at the limit. That’s a signal—remember it.
   For the limit-up stocks, over the past few days, their movements have largely followed the overall trend and institutional sentiment. So, their performance hasn’t been great lately. It’s better to buy low within the main trend stocks, which offer much higher cost performance.
   Regarding my trading today:
   I reduced my focus on China Great Wall and only paid attention to ShengHong Technology. Let me share some thoughts on the cycle reaching this position.
3. I understand that many colleagues hold computing power stocks, watching the robot sector’s strong performance yesterday and worrying about a change in the main trend. Actually, we are now in the second phase of the main upward cycle. In this second phase, if you’re still trading those semi-legacy or rotational themes, your chances of losing money are quite high. At this point, you should focus only on the core main line. Because trading other sectors makes losses very random—you can’t judge your own trades.
4. Do you see the volume today? Do you think it can sustain strongly? That’s why I judge this as a small climax for storage chips. But tomorrow, storage chips will again diverge, which is why funds are rushing to buy chips at the end of the day. But in this position, you’ll notice that some stocks like storage chips are being bought, while others like domestic CPU-related stocks are not.
   Of course, I understand your impulse to buy. If you’re trading core stocks within the core sectors, sometimes you might still lose money, especially if the sector isn’t core or the stocks aren’t core.
   Feel free to discuss openly here. Honestly, I’m a bit too sleepy now because of the cold and the medication’s effects. I don’t have the energy to do a very detailed review or plan for tomorrow’s trades.
   Normally, I’ll review the market again around 5:00 AM and then formulate the day’s trading plan.