The market fell for two consecutive days
The Hang Seng Index opened 127 points lower at 26,444 points yesterday. It rebounded to a full-time high of 26,606 points in the early session and rose 35 points. However, the pressure immediately reappeared. It closed at 245 points in the afternoon and fell in the afternoon. It was down to 26,204 points and fell 367 points to close at 26,323 points, down 247 points.
The Hang Seng Index fell with a black candlestick and further fell from 50DMA (26656). On the daily chart, the technical indicators are weak, the MACD bear gap widens, and the slow stochastic index falls near the oversold area, maintaining the stock signal, 9RSI fell to 34.14. The bottom of the Bollinger Band begins to move down, beware of further expansion and expansion of the downside.
The Hang Seng Index “wearing its heads and breaking its feet” on Friday. It plunged with a large crack on Monday. It rebounded slightly on Tuesday. It fell for five days on six trading days. The trend was weak, but the decline was too fast. The Hang Seng Index fell below 0.618 times (26430) in mid-October yesterday. The next support is the rising rift on October 11 (25809 to 25976). The slow rising channel formed since August last year is at the top of the gap, strengthening the District support. The Hang Seng Index still has about 500 points from the area, and it is better to wait for the opportunity to close the position. If the HSI short-term rebound, 50 antenna (26656) has resistance.
Jianye laminated board rises to the bottom of the shoulder
The H-Share Index closed at 10,427 points, down 92 points, and fell below 50 antennas (10,471) and 100 antennas (10,465) with a black candlestick. The MACD bear gap widened and 9RSI fell to 37.52. The slow stochastic index maintained the stock signal, which was weak. The test will be opened on October 11th (10255 to 10332).
Individual stocks can pay attention to the Jianye laminate board (1888). The stock price rose to 10.84 yuan at the end of February. The 9RSI overbought the top, the Yin-Yang candlestick peaked with the “shooting star” and fell to 5.32 yuan in early August. The bottom of the cross star, three months to rise. Formally began to create a complex head and shoulders in May, rose to the neckline at the beginning of this month, rose to 8.49 yuan on Friday, consolidated, fell to the neckline yesterday, rebounded, after the pumping has been completed, the current price to buy, target price of 9.5 yuan, fell below 7.6 yuan stop loss.
Stock meeting
China Guangdong Nuclear Power New Energy Movement
Lei Yu said that China Guangdong Nuclear Power New Energy (1811) is a member of China Guangdong Nuclear Power Group, with a market capitalization of only 4.9 billion yuan. Compared with the same stock, China Guangdong Nuclear Power (1816) H stock market value of 22.5 billion yuan, of course, the importance is less, and the price-to-book ratio is only 0.72 times, compared with the latter. The 1.13 fold discount of 36% makes it easy for the parent company to create a privatization idea.
CGN New Energy, formerly known as CGN Meiya, was listed at a price of 1.71 yuan in 2014 and rose to 3.6 yuan in 2015. After falling below 1 yuan for the first time in February 2016, it has been rampant at 1 yuan, up to 1.54 yuan, not only lasting. Diving, the P/B ratio has not been doubled, so there has been no rights issue or placement of new shares so far. The situation is similar to Huaneng New Energy (958), which was successfully privatized this year!
From the stock price analysis, CGN New Energy’s single-day transaction on October 10 suddenly increased to 30.37 million shares, bringing the turnover in October to 150 million shares, the largest transaction month since May last year, and seeing a single day on the 11th of this month. The transaction has increased to 22.81 million shares, which is unusual. You may wish to pay attention to the changes!