"10W—10Y" Day 10: 117,000, add to Yunnan Energy Investment, buy the dip in Lingwei Technology

“10W—10Y” Day 10: 11.7W, Increasing Position in Yunnan Energy Investment, Buying the Dip in Lingwei Technology [Taogu Bar]

Weekend additional insights, adding the idea of chasing. This morning, during extreme panic in the market, I went all-in on the chase, but unfortunately, possibly due to Yunnan Energy Investment’s monitoring, I didn’t dare to fully reveal my hand. I allocated the position that should have been heavily bought at the low to Yunnan Energy Investment, which resulted in not daring to add more to Lingwei Technology at the low.

1. Market Sentiment

Sentiment dropped 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 37, experiencing a downward cycle, and turned around after reaching 37.
Today’s slight fluctuation is no problem.

2. Today’s Operations

Friends who have seen my yesterday’s analysis should clearly understand my view.

Any big rise in one stock can be used to aggressively buy the dip in another. Today, as Yunnan Energy Investment rose in the early trading session, Lingwei Technology was falling sharply. Investing heavily in Lingwei Technology at this moment would be very rewarding. Unfortunately, I added a new idea—chasing after Yunnan Energy Investment, which broke the ice first. No big deal, making a small profit is still profit.
3. Tuesday’s strategy stock pool remains Lingwei Technology at 39 and Yunnan Energy Investment at 36, both above the strongest support at 26.43. How it will develop tomorrow depends on the analysis, which I will share later in the post for those interested. I will also add the chasing idea again, with conditions shared in the post.