2.3 Midday Trading: The double rebound of commercial aerospace has finally arrived, albeit late but worth the wait

[Stock Picking Forum]

Market

2.48 trillion yuan, starting to shrink in volume, so there aren’t enough topics to fuss over this much,

Either rotate or focus, and right now it’s not focused

I’ve mentioned before, following the external market’s gap-up is not trustworthy

Waiting for the gap-down and decline to confirm what resonates with the market for a second time

For now, today’s resonance is with Commercial Aerospace

Sentiment

Strong recovery

Number of limit-down stocks decreased by 18, Salvador’s serious offenders, plus two silver stocks, should open tomorrow too

So this wave is a rebound expectation after clearing the limit-downs tomorrow

Topic-wise

Still rotating

Morning session was chaotic

The first wave: market gap-up, most reactive, strongest in CPO + AI + Photovoltaics

The second wave: after retreating, another rally, strongest in Commercial Aerospace + Semiconductors + Smart Grid + Chemicals

The third wave: actually, the first two waves were false signals; only after the market confirms a low point is the second rally real

It can be said that the third wave is the true resonance of the market rebound direction

The third wave is also a broad rebound

Strongest in Commercial Aerospace

Today, Commercial Aerospace resonated with three waves of rebound, each reaching new highs

This is something other sectors don’t have.

Each rebound wave moves, then pulls back slightly, then rebounds again, reaching new index highs

So today’s intraday main trend is probably in Commercial Aerospace.

Still can’t see a reversal, just a rebound, but intraday issues are not big unless the weakness is too severe

Otherwise, there’s still an expectation of a surge the next day

Not using Western Materials was a mistake

Today, Yujing Shares was used, so tomorrow we’ll see how it performs; it shouldn’t get stronger than it already is

The probability of a reversal remains low

Feels like that picture is fermenting—SpaceX is coming to us with supplies??

Western Materials
**
No movement**

Followed the sector’s passive rise

But it’s still a new high on the right side, anchored by 23510

Looking at the market, it’s normal to oscillate around the yellow moving average line

So passive follow-up + deviation from the moving average is a sign to T (sell)

But since it has financing, T-ing is troublesome, so no action taken

Lio Shares
**
No movement**

This morning’s pre-market AI sector performed the best

But it still lacks strength at low levels, while the three giants at high levels started to compete

Today’s most active was Zhitex New Materials

Blue and Lio are both weak

Looking at the sector, it’s also moving downward in AI, preparing for a bottoming and rebound

But if anchored on Zhitex, and if it can hit a new high on the right side,

This can be understood as the fourth stage of a main rally

This is different from Commercial Aerospace

Because the leading stock in Commercial Aerospace, Aerospace Development, even if it forms an arc bottom,

It needs to hit a new high on the right side to count as a second big wave

Lio is just one step away from a new high, just like Western Materials back then, no movement

Anchored by 23510

Zhejiang Wenhu Lian
**
Opened halfway through**

Pre-market active shift from weak to strong, so it went up.

But the sector’s movement was sluggish and uncoordinated, no follow-through

So in the morning, it was a tug-of-war with Commercial Aerospace

Eventually, Commercial Aerospace hit the daily limit, more and more, while AI weakened

So it repeatedly exploded.

Is this galaxy the same galaxy??,

Anyway, looking at the chart, it matches the emperor’s chart

It’s still a chaotic structure of rotating big swings

If today’s strongest close is Commercial Aerospace,

Pay attention in the afternoon whether there’s follow-through to strengthen the next day’s outlook

If it’s a half-day play, then the follow-up sector positioning can consider whether to unfollow.