03.17 Market Review: Opportunities Emerge from Despair

Disclaimer: The following are personal thoughts and not investment advice [Taogu Ba]
Limit-up situations

Two consecutive limit-ups

Promotion from 2nd to 3rd limit-up

Promotion from 3rd to 4th limit-up

Promotion from 4th to 5th limit-up
None
Promotion from 5th to 6th limit-up
None
Limit-up being smashed

Top twenty declines

Yesterday’s limit-up on the Growth Enterprise Market

Today’s limit-up on the Growth Enterprise Market

Market movement
52 limit-ups, 15 limit-downs

1. Market

Recently, it’s been difficult to make high gains; only the most aggressive funds can profit, creating positive feedback.

In the afternoon, the index dropped sharply, but some funds still held onto high positions. You can consider stocks like Farsight, Chitianhua, Jindazheng, Shuna Shares, and Jinniu Chemical as crowding targets to see how they react. I mainly see them as emotional indicators; if negative feedback continues, it’s better to rest more.

The three-limit-up stock Jingtou Development has not yet shown sector effects; see how it reacts. If crowding can open up some opportunities, that’s good.

In any case, short-term strategies should be prepared for the long term. Watch for stocks that might suddenly change direction to break the deadlock. When stocks are at a freezing point, don’t be overly pessimistic. When the market is good, there will be bad times too—it’s all cyclical. During these times, review your profit and loss statements to understand under what conditions you made money, and keep your confidence.

Looking at the long term, last year there were always some leading stocks every month; some months were better than others.

Best wishes

Reviewing the market is not easy. A few free likes or shares are the greatest support I can get. Investing is a lonely journey. You must withstand the prosperity and endure the loneliness.