100,000 challenge 20x, Day 51

**4.7 Trading Log [TaoGuba]
**
New today: Chaojie Co., Ltd. (cut and exit on a breakdown stop-loss)
Newly opened today: Zhongli Group
Maintain the position: Jimin Health

Weekly golden cross—only short on volume expansion

On the market, all theme concepts rebounded across the board, but market-wide buy-side interest is insufficient, and sentiment remains weak. Urea, methanol, chemical fibers, dyes, pure soda ash, and other chemical industry concepts all surged sharply; stocks related to Xin Duo Duo continued to soar; concepts tied to livestock such as pork and chicken rebounded; the “football revitalization” theme saw a big explosion in the afternoon; HBM and memory chip concepts rebounded; upstream resin concepts in PCB strengthened all day; consumer electronics and Apple-related concepts rebounded; Sci-Tech Innovation 50 component stocks rose; digital currency and cross-border payments concepts have remained strongly in favor.
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Today the market saw a small “pullback-style rebound” (small PB rebound). Yesterday’s recap also conveyed that the index sentiment had reached double bottom extremes of coldness, and with overseas markets continuously closing higher and opening strong this morning, it seemed like the open-door welcome sign was confirmed. However, what’s lacking today is that trading volume isn’t sufficiently abundant. Off-balance funds are still waiting for news of the U.S.-Y agreement landing tonight. Whether it’s to keep going right after, or whether talks come to terms, it’s still just a matter of the “shoe dropping” after the result is announced.

From a technical perspective, the weekly chart average price of the Shanghai Index has shown a death cross/ golden cross (specifically, a “golden cross” signal). This also implies that the medium-term rebound has started. This wave’s daily-chart grinding-out of the death cross should be coming to an end, and we still have a good chance to see a fresh round of upside. In terms of direction, the focus remains on performance lines related to price increases. In April, earnings are scheduled to be reported in dense batches, so everyone should rely more on fundamentals.**

Hot Topic Analysis
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1. Petroleum & Petrochemicals

The petroleum & petrochemicals sector staged a limit-up frenzy today. More than twenty stocks reached the trading limit; Qixiang Tengda got its 4th day 2nd limit-up; billionaire-market-cap Hengyi Petrochemical sealed its limit-up; Jiangtian Chemical led with a 20cm limit-up; and previous momentum stocks such as Jinniu Chemical simultaneously hit their limit-up.

According to a report from CCTV News on April 7: in the early hours of the 7th local time, Iran—citing sources—said that the industrial zone in the northeastern part of Saudi Arabia, Jubail, which involves U.S. capital participation, was hit broadly and explosions occurred. The Jubail Industrial Zone is one of the world’s important petrochemical production bases. Its annual output of petrochemical products is about 60 million tons, accounting for 6% to 8% of global total production.

Today’s chemical rally is mainly still about the energy facilities being targeted by Y-lands. At present, oil isn’t really tracking crude oil futures closely, but the chemicals side—driven by the price-increase effect—has decent continuity. The main thing to watch is methanol and urea exports from places where Y-lands has a relatively large export share.

2. PCB

The PCB concept was active early in the day. Shengquan Group had a 2-day 2-board run; Tongyu Xin材, Hongchang Electronics, and Norde Shares all hit limit-up. Many stocks surged, including Zhongying Technology and Copper Crown Copper Foil.

On the news front, on April 3, CCL leader Jingtai Laminated Layer Board issued a letter stating that the prices for board materials and pp semi-cured sheets will be uniformly raised by 10%. The main reason given was that core upstream raw materials such as resins and electronic glass fiber cloth saw “a blowout in prices and tight supply.”

All upstream AI materials saw price increases. In PCB, upstream glass fiber and copper-clad laminates prices also keep climbing. Upstream AI materials are essentially the most certain direction in terms of 1st-quarter performance. So themes like optical fiber, indium phosphide? (phosphide indium), copper-clad laminates, and glass fiber should likely stay repeatedly active.

Tomorrow’s Outlook

1. M-market’s three major stock index futures jump short-term; optimism about the U.S.-Iran agreement heats up
   Only 16 hours left! Will Trump, after Iran refuses to sign, do another TACO? Tonight or early tomorrow morning, Trump should issue a formal statement regarding the Iran agreement. Now that M-market stock index futures have started trading, the good news of the “shoe dropping” is already in play. As long as off-balance funds accelerate their inflow tomorrow, the daily-chart golden cross should be confirmed quickly!!!**

Warm reminder: The purpose of opening a real-money account is mainly to record your own challenge process. It is by no means the basis or rationale for readers’ friends to buy or sell stocks. It does not constitute investment advice. If you act based on this, you must bear the consequences yourself. The stock market has risk; be cautious with investing!!!