Cherreads

Chapter 140 - Chapter 140 'Demon King' Teli A!

"I'll go... is this the rhythm of a sky-to-earth board?"

Noticing Teli A's flash crash from a 9-board height, Zhao Qiang, who had been following this stock's movements but never had the courage to buy in at a high position, was quite shocked internally.

In the "Yuhang Faction" main speculative funds internal group, he said:

"The leader has peaked, and the market's speculative sentiment is probably starting to recede."

"Alas, Teli A was still a little short of its previous new high!"

"Good thing I didn't gamble on the expectation of a previous high, otherwise I'd definitely be buried today."

"With the death of Teli A, this overall market sentiment leader, other leading stocks in hot concept themes also weakened on the trading board."

"Are there any opportunities for 'high-low switching'? I remember last time, the funds from 'Financial Street Fuxing Road' used Meiyan Jixiang to pull out the 'CSRC Holding' concept theme main line when Teli A crashed, completing a 'high-low switching' market rotation."

"No way, right?"

"Holy crap, Meiyan Jixiang is really surging, who's pulling the board, it's too fierce!"

Accompanied by an exclamation in the group.

Everyone's eyes instantly focused on Meiyan Jixiang's trading board.

Indeed, the stock price was surging against the trend, with countless large orders of 5,000 and 10,000 lots continuously pushing it up.

In just one minute, its stock price was pulled from near the flat position to a 3% increase, causing its net inflow of main funds on the trading board to jump from 600,000 to over 24 million.

"Indeed, the thing about cognitive inertia is truly frightening."

Someone in the group exclaimed in surprise after seeing Meiyan Jixiang's sudden surge against the trend.

"Sun-ge, can we get in on Meiyan Jixiang?"

At this moment, seeing Meiyan Jixiang's stock price still rising against the trend and the main buying volume on the trading board becoming increasingly fierce, Zhao Qiang couldn't help but feel tempted.

He sent a private message to Sun Chengyu on the chat software, asking,

"It feels like various funds are quickly gathering towards this stock and forming corresponding market expectations!"

Sun Chengyu also focused his attention on Meiyan Jixiang at this time, pondered for a moment, and replied:

"Meiyan Jixiang's stock price has barely moved during the continuous market rebound over the past week or so. Coupled with the current price being far from the previous speculative peak, the chip structure is basically in a vacuum state. If funds can form a relatively consistent market expectation, I think we can enter; the risk isn't big."

As he spoke, he himself had already placed several continuous large orders of ten thousand lots on the trading board.

"Okay!"

Zhao Qiang responded.

Immediately, the funds in his hand followed suit, also pouring into Meiyan Jixiang's trading board.

As multiple funds collectively attacked Meiyan Jixiang, stocks related to the two major concept themes, 'CSRC Holding' and 'Pension Fund Holding', also surged rapidly, driven by Meiyan Jixiang's counter-trend surge, and were frantically snatched up by numerous active funds performing 'high-low switching'.

"Hmm..."

Seeing Meiyan Jixiang's unusual movement, with its stock price rapidly surging to around a 5% increase in just two or three minutes, Su Yi couldn't help but exclaim in surprise.

He hadn't expected someone to use cognitive inertia to manipulate the market.

Taking advantage of Teli A's flash crash, they rapidly pushed up Meiyan Jixiang's stock price, instantly shifting sentiment and funds to Meiyan Jixiang's trading board.

This immediately created a "high-low switching" market rotation phenomenon for the entire active fund community, especially short-term retail investors.

"Is history going to repeat itself?"

As Su Yi felt surprised, Xu Qiao, also noticing Meiyan Jixiang's unusual movement in the "Modu Super Short-term Gang" main speculative funds internal group, where Su Yi was, clearly showed a surprised look in his eyes and said,

"This market trend... is truly full of drama."

As he spoke.

Teli A had already hit the daily limit down, its price locked at the limit by a torrent of profit-taking sell orders.

At the same moment, Meiyan Jixiang's stock price had surged to a 7% increase, and on the trading board, the net inflow of main funds had already reached over 78 million.

"Truly magical, it feels highly likely that history will repeat itself."

Old Zhang from 'Xinzha Road' said,

"Damn it... if I had known, I should have traded Meiyan Jixiang the moment Teli A crashed."

"This couldn't be Su-xiongdi's doing again, could it?"

Old Wu from 'Yintai Road' said, shocked.

Xu Qiao heard this, quickly @Su Yi, and said:

"Su-xiongdi, was this really your doing?"

"Not me."

Su Yi replied,

"However, this manipulation technique, utilizing investors' cognitive inertia, is indeed a bit unexpected, but also reasonable."

"The funds manipulating the market have some skills."

Chen-ge from 'Xinyue Road' also said,

"However, without other logical and positive supports, it might be difficult to lock up the stock purely based on 'oversold rebound' and 'high-low switching' logic. After all, Meiyan Jixiang's circulating shares are not small. To lock up such a trading board, it still requires the combined efforts of funds, and the right timing, location, and human harmony."

"Let's see if Teli A can 'resurrect' itself. If it can, then there's still an expectation of a reversal," Xu Qiao said.

"Then the 'high-low switching' logic wouldn't be very solid, and it wouldn't be so easy for Meiyan Jixiang to break out using this logic."

"In a word, do you all think we can get in, or not?"

Old Zhang from 'Xinzha Road', holding his funds and looking at Meiyan Jixiang's trading trend, was very tempted and couldn't help but ask.

Old Wu said:

"Following the trend now, the profit is uncertain, but the risk is definitely not small."

"It's not that we can't get in; a light position gamble is still feasible,"

Chen-ge said.

"However, this logic doesn't quite fit my trading model, so I won't participate. Next... I'll just watch the show."

"What do you think, Su-xiongdi?"

Xu Qiao asked.

Su Yi thought for a moment and said:

"At this time, Meiyan Jixiang should be suitable for hitting the daily limit, not for chasing mid-way."

"What do you mean by that?"

Old Zhang asked.

Su Yi replied:

"If someone is aggressively pushing to lock the daily limit, it proves that sentiment is in place and the combined efforts of funds on the trading board are very good. It also indicates that the 'high-low switching' logic has been unanimously recognized by various funds.

If it cannot hit and lock the limit, then the 'high-low switching' market trend fails, the expected logic is proven false, and the stock price will quickly be killed by selling pressure. Naturally, buying in would be pure loss."

"Makes sense."

Chen-ge said,

"Su-xiongdi still sees the trend of the trading board more clearly."

"Alas, then forget it..."

Old Zhang said,

"Hitting the daily limit under this logic won't have much premium space."

As he abandoned his trading plan for Meiyan Jixiang.

The next moment.

At 9:52, Meiyan Jixiang once again surged straight up beyond expectations, hitting the daily limit up with lightning speed.

"Holy crap... it really hit the daily limit up!"

Old Zhang's eyes widened, genuinely stunned.

But immediately after, before he could change his mind and intervene by hitting the limit.

Meiyan Jixiang, having briefly touched the daily limit price, instantly broke the limit and fell back.

And while Meiyan Jixiang failed to lock the daily limit up, on Teli A's trading board, which formed a seesaw effect with it, a large volume of bargain-hunting buy orders emerged.

Subsequently, Meiyan Jixiang's stock price oscillated downwards from the daily limit price, while Teli A's stock price slowly recovered from the daily limit down.

Afterwards, as trading time continued to advance.

Meiyan Jixiang's stock price continued to fluctuate within an 8% to 10% increase range.

Teli A's stock price, meanwhile, continued to fluctuate within an 8% to 10% decrease range.

It seemed that as long as Teli A didn't lock the daily limit down, Meiyan Jixiang couldn't lock the daily limit up.

This seesaw effect just continued, constantly rotating on the trading board.

As for the performance of other leading stocks in various concept themes amidst the peculiar trends of these two stocks...

It was observed that other leading stocks in various concept themes generally maintained a sideways consolidation trend below the water line.

They were neither pressured into a market collapse by Teli A's trend, nor were they driven to turn positive again by Meiyan Jixiang's trading trend.

Instead, it was the two major concept themes, 'CSRC Holding' and 'Pension Fund Holding'.

And the 'Big Finance' and 'Big Consumption' main lines, which had severely lagged behind the broader market trend during the recent continuous market rebound.

Driven by Meiyan Jixiang, they became the temporary leading main lines in both markets.

Watching such a trading board trend.

Everyone originally thought that today's market would pass in such a weak oscillatory situation.

Unexpectedly, around 2:40 PM, with both Meiyan Jixiang and Teli A having sufficiently traded hands, the trading trends of the two large and small "demon stocks" suddenly changed.

First, Meiyan Jixiang, under the combined efforts of various main funds that were buying in and following the trend.

Once again launched an assault on the daily limit up.

Then, at 2:43 PM, when Meiyan Jixiang completely locked the daily limit up, creating a profit-making effect on the trading board, gradually reversing market speculative sentiment, and driving the 'CSRC Holding' and 'Pension Fund Holding' concept main lines to surge, and with the assistance of 'Big Finance' and 'Big Consumption', strongly pulling the Shanghai Index, Shenzhen Index, and ChiNext Index fully into the red.

On Teli A's trading board, a vast and enormous group of main buying funds.

Quickly capitalized on this warming sentiment, violently pulling the market up with continuous large orders of ten thousand lots.

At 2:45 PM, only about one minute after Teli A's trading board showed unusual movement again, its stock price went straight from near the daily limit down position to turning positive.

"Holy crap, what's happening?"

"My god, it turned positive just like that? What is it going to do?"

"Isn't this too demonic? Look at this trend... it feels like it can still rise!"

The moment Teli A's stock price turned positive, countless people in the entire market who were following this stock exclaimed in surprise.

However, this was not the end...

At 2:47 PM, Teli A's stock price continued to rise and break through, heading straight for a 3% increase.

At 2:49 PM, Teli A's stock price increase exceeded 5%.

In just four minutes, it rebounded by over 15 points, repairing most of the losses since the flash crash in the morning session, amidst extreme volatility.

At 2:51 PM, Teli A's stock price increase broke through 7%, once again showing a posture of assaulting the daily limit up.

At this moment, seeing such a trend for this stock.

Not only were almost all investors in the entire market following this stock dumbfounded.

Even Su Yi, staring at Teli A's trading trend at this moment, was also dumbfounded.

"Damn it, this is going to be an earth-to-sky board!"

In shock, Xu Qiao, in the "Modu Super Short-term Gang" main speculative funds internal group where Su Yi was, came to his senses and said with extreme astonishment,

"The main funds that are bargain-hunting and manipulating the market at the end of the day, isn't this too damn crazy? Is there such a way to manipulate the market?"

And at the very moment he spoke.

Teli A's stock price, under the aggressive push of a ten-thousand-lot order, had already locked the daily limit up.

It completed the intraday conversion from a sky-to-earth board to an earth-to-sky board.

Moreover, due to the extreme intraday volatility, Teli A's trading board turnover was extremely sufficient.

This ten-thousand-lot order, aggressively pushing to lock the daily limit, easily locked the stock's daily limit up with nearly 7,000 remaining lots, after consuming just over 3,000 lots.

Xu Qiao's message received no response in the group.

Because at this moment, everyone, staring at Teli A's trading board locked at the daily limit up, had not yet recovered their senses.

As main speculative funds in the market, they were considered experienced, but they had truly never witnessed a trading trend like Teli A's today!

"Is this the 'Demon King'?"

It was a long while later, as the market approached official closing, that Old Zhang from 'Xinzha Road' finally couldn't help but exclaim in the group.

(End of Chapter)

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