March 17 Review

The following operations are solely for my personal record-keeping and carry significant risk. Do not follow the trend.

Today’s Operations

Morning Session

Rebound to buy China Power LiaoNeng

No actions in the afternoon

Partial sale of Tongyu Heavy Industry

Sold ShunNa Shares after a breakout failure

Current Holdings

China Power LiaoNeng 30%

Cash 70%

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Market Sentiment

Expected a rebound in the index today. The market did indeed rally in the morning, but after touching the short-term moving average, the index experienced a sharp, one-sided plunge. This trend clearly indicates weakness, closing around 4050. Tomorrow is likely to test the support near 4000 points.

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Data Summary

1. Limit-up stocks: 39, with the number decreasing compared to yesterday (45). The limit-up trend: 53-52-59-45-39, indicating continued low market enthusiasm.

Indicator: Below 50 is low, 50-90 mid-range, above 90 high.

2. Consecutive limit-up days: 10-8-8-6-11. The streak first dropped below 10, showing a rebound from low sentiment.

Indicator: Below 10 is low, 10-20 mid, above 20 high.

3. Limit-down stocks: 10, remaining high, with a significant increase from yesterday (5). The trend: 2-2-13-5-10, indicating expanding loss effects.

Indicator: Below 3 is low, 3-6 mid, above 6 high.

4. Limit-up board sealing rate: 70%

Trend: 75%-71%-77%-66%-70%, returning to mid-range.

Indicator: Below 70% is low, 70%-80% mid, above 80% high.

5. Number of advancing and declining stocks: 867 vs. 4541, indicating market sentiment at a freezing point.

Uptrend trend: 2060-1494-1502-2843-867

Indicator: Below 1000 is low, above 4000 high.

6. Market height: 4-4-5-3-4, indicating increasing space.

7. Data Summary

After continuous low sentiment, today hit a freezing point. However, some data has started to rebound. If tomorrow’s index opens sharply lower, forming a “double ice,” sentiment recovery could be significant, and a short-term rebound is likely.

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Market Main Line: None

Sub-sector Hotspots: Electricity, Chemical Industry

Intraday Hotspots: Meat Grinder Mode

Leading Stocks in Continuous Limit-up: None

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Market Nodes:

Three-Board: Volume node of space board + power retreat node

Two-Board: ShunNa rebound day (power sector catch-up)

First Board: Sentiment freezing day

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Today’s Break and Reversal of Limit-up Stocks:

Luhua Technology (Hydrogen Energy, Coal Chemical Industry, Coal)

Yesterday’s Break and Reversal: None

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Sentiment Cycle Analysis

Long-term position: Rotation cycle (Risk aversion cycle)

Short-term position: Sentiment freezing day

Loss effect: Large

Cycle height: 7

Breakout Leader: Yunnan Energy Holdings (7)

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Market Observation

1. Market Sentiment

After a series of lows, today’s market experienced a freezing point amid the index plunge. As the saying goes, adversity breeds prosperity. Everything has two sides; after compression, a rebound is inevitable.

2. Hotspot Analysis

Today is a freezing point day. Whether a “freezing point leader” will emerge is uncertain. But the market has been rotating intensely, almost reaching an extreme, like a meat grinder.

The known trends crossing sectors are power and chemical industry. The market throughout the day mainly rotated around these two sectors, with no new concept sectors appearing.

Currently, chemical sector catch-up is seen in Chitianhua on the three-Board, power sector catch-up in China Power LiaoNeng on the two-Board. Neither stock is a continuous limit-up, but rather trend-based.

3. Sentiment Breakthrough

Zhongfu Shenying broke 100% abnormal movement today, with themes including carbon fiber, wind power, UAV materials, characterized by trend + elasticity. There have been multiple elasticity breakthroughs in history, such as the leading innovative drug San Sheng Guo Jian. But initially, San Sheng Guo Jian broke through via continuous limit-ups.

Historically, when the main board is sluggish, elastic stocks often perform well. Keep an eye on whether elasticity can trigger a short-term rally.

4. Focus on Thematic Impact

If Zhongfu Shenying successfully breaks through, then attention should be paid to impactful themes emerging in the market. Although it’s hard to predict now, recent news catalysts and market movements should be monitored.

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Personal Holdings

Buy Targets

China Power LiaoNeng

Power sector continued to ferment and move today, bought on the rebound. The node is the ShunNa rebound first limit-up day, a catch-up move. It’s a small-cap stock in power, low-priced, with trend acceleration, but no high expectations for continuous limit-ups.

Sell Targets

ShunNa Shares, Tongyu Heavy Industry

ShunNa Power sector moved strongly in the morning, but then oscillated downward. For such recognizable stocks, there’s a probability of rallying. Plan to sell on a red day.

Tongyu, after ShunNa hit the limit-up, did not follow through, showing weakness. Power sector feedback was also not very positive, so sold in batches near the moving averages.

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Tomorrow’s Trading Plan

Continue observing the market. Currently focusing on power and chemical sectors, while paying attention to key sub-sectors like coal chemical industry, which has multiple bullish stocks, and new energy transmission effects, such as wind, solar, and storage, as well as photovoltaics.

Stock selection will mainly focus on one-in-two and rebound structures. Today’s limit-up stocks are few, so tomorrow should see the emergence of strong stocks.

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Remarks

Please read the article carefully. I will not answer questions about content already covered in the review.

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Disclaimer

The above targets are not recommendations. For review purposes only. Trading decisions are your own responsibility. Risk is yours.

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Finally, please like and support with tips!