"10W—10Y" Day 3: 10.9W, buy low on international composite materials, sell Jiangtung Equipment

“10K—10Y” Day 3: 10.9K, Bottom-up International Composite Materials, Sold Jiang Tung Equipment [Taogu Bar]

Originally, I was very optimistic about Yunnan Energy Holdings during the review, just a little short of a pullback to the right level, missing the limit-up.

1. Market Sentiment

Sentiment rose from the freezing point 26 to the peak 265, forming the main wave of emotion, indicating an upward cycle. Sentiment then declined from the peak 265 to the freezing point 40, experienced a downward cycle, followed by a rebound from the freezing point to 85 and then back down to 54. Overall, it remains in a narrow fluctuation zone of rebound at the freezing point, with low temperature but opportunities exist.

2. Today’s Operations

Today’s water temperature opened around 40, so I opened 40% of my position. Yunnan Energy Holdings was just shy of the right level, so I bought Guoji Composite Materials, and another one, Honghe Technology, turned red in deep water. These were all mentioned in the review and prediction, just pay attention to them.

0.401, the water temperature directly shows that the stock pulled back and broke below 26.43. I bought casually. The stocks include International Composite Materials and Honghe Technology. Of course, I also have warning monitoring in place, hehe.

3. Tomorrow’s Strategy and Forecast

Regarding sentiment, Mingyang Electric Circuit and Yunnan Energy Holdings warmed up quickly, but we don’t pick stocks just because they heat up fast. Instead, we look for those representing market sentiment rising, to observe market temperature. With the temperature, we can better match our positions. As for the targets, we have specific ideas as follows:

Today, six stocks closed above the strongest support cycle of 26.43, including Jiang Tung Equipment (54), Yunnan Energy Holdings (46), Mingyang Electric Circuit (40), Dinggu Guchuang, International Composite Materials, and Zhangyuan Tungsten. If Jiang Tung Equipment or Yunnan Energy Holdings do not open significantly higher, the water temperature is unlikely to break above 30, meaning the best result is matching 30-40% of positions. If they open lower, then roughly 10-20% positions. Got it?
If Yunnan Energy Holdings drops below -6%, Mingyang Electric Circuit below -5%, Dinggu Guchuang is under water, and International Composite Materials (excluding) Zhangyuan Tungsten drops below 2 points, then low buy-in is possible. Remember, the previous water temperature is key. If Jiang Tung Equipment and Yunnan Energy Holdings are not doing well, then basically there is no position. Subjectively, I think Zhangyuan Tungsten is relatively strong and has bigger opportunities.