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1383W didn't have the upper hand initially, so no chasing. 0401 Stock Market Afternoon Review
Today, my assets are 13.83 million, and currently I’m down 60,000. [Taoguba]
As of the midday close, the median of up/down moves: +1.16%, and the trading volume compared with yesterday’s estimate is +24.7 billion.
Last night, US stocks surged, and today A-shares opened higher. I didn’t get in first, so I’m in today’s gap-up situation.
There’s really no way to enjoy it.
Today’s gap-up is still the same old pattern: after the gap-up, it falls. So if you didn’t sell when it opened higher,
it just means you’re still too eager for the price to rise, and the result is having to endure the pullback.
Since it’s the same old pattern, I don’t need to chase the highs either—chasing the highs basically ends up getting stuck in a loss.
So what I chose is a market that can still make a new high in the afternoon, so I can go after the rise.
Otherwise I still can’t act, because today still hasn’t seen a volume expansion.
What should I choose this afternoon?
If you chase higher than today’s high, choose Oureluntong; Eastern Electric sealed the limit-up with a board.
A lot of today’s moves are opening higher but weakening fast, and I can’t find a setup that suits me.
They’re all weakening too aggressively. If they rebound up, tomorrow the sell-off that hits them will be just as brutal.
In a gap-up scenario, there just aren’t many opportunities to trade.