Consecutive Limit-Up Strategy
Weekly Market
Period: 20200420-20200424
| Market | Index | This Week (%) | 1 Week Ago (%) | 2 Weeks Ago (%) | 3 Weeks Ago (%) |
|---|---|---|---|---|---|
| Shanghai Composite | 2808.53 | -1.06 | 1.5 | -1.18 | 0.58 |
| Shenzhen Component | 10423.46 | -0.99 | 2.23 | -1.86 | 1.17 |
| ChiNext Index | 2003.69 | -0.84 | 3.64 | -2.27 | 1.72 |
| Hang Seng Index | 23831.33 | -2.25 | 0.33 | 4.58 | -1.06 |
| HSCEI | 9656.68 | -1.61 | 1.35 | 4.06 | 1.25 |
| Red Chip Index | 3697.8 | -2.49 | -0.29 | 5.9 | 2.06 |
| Dow Jones | 23775.27 | 1.01 | -0.77 | 12.67 | -2.7 |
| Nasdaq | 8634.52 | 1.2 | 4.67 | 10.59 | -1.72 |
| S&P 500 | 2836.74 | 1.33 | 0.35 | 12.1 | -2.08 |
This week, the three major A-share indices fell by 1%, the three major Hong Kong stock indices fell by 2%, and the three major US indices rose by 1%.
Northbound funds had a net inflow of 3.2 billion yuan.
Events
The May crude oil futures witnessed a historical scene, falling to -37 US dollars per barrel, which means that sellers pay buyers to take the oil. The main reason is that global crude oil storage capacity is close to saturation, and the storage cost is extremely high, so producers would rather pay to dispose of the oil than stop production (restarting oil wells is very expensive).
Positions
Continue to add positions at low prices in technology, consumption, and commercial theme funds.
| Type | Code | Name | Action |
|---|---|---|---|
| Stock | HIMX | Himax Technologies | Hold |
| Fund | F210008 | Golden Eagle Strategy Allocation Mixed | Add |
| Fund | F519674 | Galaxy Innovation Mixed | Add |
| Fund | F005311 | Wanjia Economy New Kinetic Energy Mixed A | Add |
| Fund | F000363 | Guotai Juxin Value C | Add |
| Fund | F005911 | Guangfa Dual Engine Upgrade Mixed | Add |
| Fund | F161725 | China Merchants Liquor Graded | Add |
| Fund | F163415 | Xingquan Commercial | Add |
Thoughts
The consecutive limit-up strategy is a unique trading strategy in the A-share market. It utilizes the price limit system and, through capital advantage and emotional gaming, obtains huge profits in the short term. The core of this strategy is “momentum”, that is, following the trend, buying high and selling higher.
This strategy requires extremely strict discipline and execution ability, as well as a keen insight into market sentiment. For most retail investors, this is a very dangerous game, and it is easy to become the “leeks” being harvested.
Published at: Apr 21, 2020 · Modified at: Dec 4, 2025
