Yangtze Optical Fiber & Cable reaches a new high again, market fluctuates and rebounds

Today, the market has rebounded once again as expected, but the difference today is the issue of volume. As mentioned yesterday, if there are many forced sellers, we increase our positions; if there are fewer forced sellers, we reduce them. This is the height of the position determined by the forced selling today. Clearly, there is no need for excessive forced selling today. Another characteristic today is that stocks that hit the limit down yesterday hit the limit up today, which is a feature. Next Monday, this possibility is still likely to exist; limit up stocks are not necessarily safe, while limit down stocks still have a chance to reverse, so there is no need to say this is a reassuring place. The news over the weekend still needs to be watched; this is one of the most important moments of the week. Especially since Trump tends to stir things up over the weekend, and it ends after the weekend. I just saw news about a trade war again, which may not be friendly, but there is also some good news.

This has a driving effect on the current market’s main line. So there is no need to be overly worried, as the main line hasn’t changed; the leader is still $Changfei Optical Fiber (sh601869)$, which remains unchanged. [淘股吧]

      Changfei Optical Fiber made many explanations during lunchtime today; there is an absolute controlling force present here. Due to the strong control of the main force, directional signs often appear. For example, the highest point yesterday was 268.88, and those who understand know this is the high point. The lowest point at the opening today was 252.25, and the highest point was 279.66; these provide guidance for making a T trade. Of course, generally speaking, if you want to play, go for it; if not, it doesn't matter. In any case, this stock generally won't show a limit up today and limit down tomorrow trend. It is highly likely to be safe, and even if there is a pullback, it is within a controllable range.  

      Today, the volume continued to shrink to 93.1 billion. This week's weekly chart shows a long lower shadow candlestick, which is not a fun place and required a lot of effort for this candlestick. Next week's weekly chart is difficult to predict with red and green. Because a lack of volume is a nemesis, the news over the weekend becomes exceptionally important for next week's direction. The weekend news doesn't seem to have good news, so let's check again in the evening. However, the ChiNext has already started to strengthen independently, which needs additional attention.

This has been stronger than other indices.

And the daily chart has shown a key bullish crossover, so the future trend may be a paradise for the ChiNext. Among the strongest five limit up stocks on the ChiNext, three are innovative drugs and two are BYD concept stocks. Next week’s continuity is the most important thing to watch, as it may be one of the focal points of the weekend news.

  Today, the innovative drug sector is exceptionally strong and has successfully increased its trading volume. The key issue here is still the performance, which may be a current hidden line and one of the reasons why the market can strengthen.  

This reflects one aspect of the current pharmaceutical companies’ value. In fact, the performance wave will continue to emerge, and the market will have a survival of the fittest, so the opportunity here is reflected in performance. If there is continuous capital inflow, then pharmaceutical stocks may hope to become one of the main lines in the market, competing for the presence of secondary lines. Of course, if the BYD line expands, then the BYD line will also strengthen. If these two lines have the potential for expansion, then both lines will strengthen to help the market break out of the predicament. This is also a direction to observe next week, but communication remains the current main line; however, there have already been divergences in the short-term strength. For example, today, the mining sector has begun to feel a continuous integration. These are basically all entities that are likely to explode in performance. The future direction should be the presence of a performance wave.

     That's all for today. Please like, comment, and support Cui Bo. Thanks to @工地玩家, @猫猫66, @天空飞的地板, @他姓杨, @庭茂 for their support. Thank you.

Keep going. A new round of promotion has begun, and I hope everyone actively promotes.