3.30 Review: The index couldn't break higher and remained volatile. The first day of sentiment retreat. Did the rebound rally trap you?

Hi everyone, I’m YiYi. My recap for today is as follows.

Today’s limit-down count: 10. The market’s top mover, Huali Electric, Liaoneng, hit the limit down during the opening auction. The sell orders kept increasing until they were only pulled back at the 25-minute mark. After the open, it struggled for about 10 minutes and then continued to hit the limit down. It was announced that this wave of the pullback has officially begun. As its limit-down continued, the other little followers in the power sector all started kneeling, responding with consecutive limit downs. However, after taking a look, only the power sector saw a major retreat overall. The market’s overall sentiment and atmosphere are not bad.

Today’s limit-up count: 62. With weekend news as the catalyst, the small metal sector saw the most limit-up stocks. The first day saw a breakout; whether it has staying power still needs to be observed. The commercial aerospace sector resonated with today’s small bullish candles. On the space-and-board concept stock, Shen Jian Co., Ltd., there are a lot of trapped holders. Generally speaking, stocks that have already surged dramatically before are unlikely to start another solid round of行情 again. Plus, Menorva still hasn’t made way. YiYi believes these two stocks should not be in the range of potential leading “dragon” stocks.

Today’s trading: stayed in cash.

Tomorrow to watch: Can the 10 two-day limit-up stocks compete and produce the next wave of a new leading dragon?

Finally, thank you to all the loyal fans for your strong support for YiYi all this time!