05.15 Cut the Great Wall and still took a huge loss—after stopping out and getting rid of the mining power, I’m still trapped; I’m going to shut myself down.

Great Wall yesterday rebounded sharply, today choosing to cut losses and exit. Today, the overall performance of domestic substitutes is relatively strong, but Great Wall chose not to follow. If the domestic market continues to strengthen in the afternoon, there may be funds that missed the opportunity to buy the dip, which could push prices higher and then be sold off. During the early trading session, stocks like Semiconductor Manufacturing International Corporation, North Huachuang, and Changdian Technology opened high, while Cambrian and Hygon opened low; Great Wall’s bidding transaction amount was less than 200 million, showing obvious weak characteristics. The strategy at yesterday’s close was to exit and observe if the market weakens today; a small gap down with low volume can be exited directly; if it opens in deep water or with increased volume in bidding, hold and observe for a potential rally. [Taogu Bar]

In terms of today’s operations, after clearing positions in Great Wall, I re-entered Runze Technology, with both accounts currently in a trapped state; small positions were bought in Wangsu Technology, Aofei Entertainment, and Lingyi Intelligent Manufacturing. The market declined sharply in the early session, with expectations of a second ice point, attempting to position in relatively active intraday targets. Early on, Runze, Litong, Runjian, Aofei, and Wangsu showed relatively anti-drop and proactive movements, but failed to drive the sector into overall resonance. At 10 o’clock, the market retraced to the 20-day moving average, reaching a phase of emotional bottom, while the index hit a support level; subsequent rebound efforts focused on the robot and domestic equipment sectors that had been dormant in the early session. After the index stabilized and rebounded, there was no further chasing of sector rotation themes, and I continued to low-buy in Runze Technology. Currently, it is a structural rotation market; if the rhythm is correct, there can be gains, but if the rhythm is missed, declines are likely. I still have idle positions and plan to continue selectively low-buy Runze Technology in the afternoon.

Personal view on Runze Technology: The current position is near the breakout zone of a large box range, with the upper boundary referencing around 98.35 on March 1. Today, it attempted an upward breakout, with signs of slight elevation at the top of the box. Choosing this timing to break out of the box may involve a gamble on the fermentation of the computing power futures theme. In the computing power futures sector, Litong Electronics is highly recognizable and a clear leader, but its position is relatively high, with limited room for sustained acceleration, leaning more towards a slow bull trend; funds may flow back into fundamentally solid stocks with ample proprietary computing resources to fill the core positions. Personally, I am temporarily optimistic about Runze Technology. Runjian Shares also fit this view, but I prefer the structure of bottom box breakouts. The above is only my personal market understanding and trading record, not investment advice; gains and losses are to be borne by oneself.