Protest and Observation Point

StrawberryIce · 2026-04-08T05:30:51+00:00

Recently, the market has shown signs of recovery, especially an oversold rebound driven by events in the Middle East, with clear evidence of capital returning to areas such as gas turbines and domestically produced chips. However, some leading stocks—such as Tianjin Pharmaceutical—have continued to lag and also slid, and overall market sentiment has not been as expected. Although individual stocks such as MenoVa have shown high price premiums, the broader pharmaceutical sector is still under pressure, and investors are advised to watch for opportunities when it stabilizes.

StrawberryIce

2026-04-08 05:30:51

Abstract generation in progress

Reverse market reaction… In the early stage, there was an across-the-board surge after the Middle East event caused an extreme oversold move.
Gas turbines, domestically made computing power and domestic chips, semiconductors, and also things like computing power leasing—all clearly saw money flow back in to cover positions.
Even the AI applications that are basically “garbage” got going too…

 But there’s one thing... Many of the stocks that held up better earlier are now catching up with the downside today, and the continuous “upgrade” to the limit-up streak that everyone expected from a broad “up day” is pretty weak... (This is also a problem with strong stocks catching down.)  
   It’s very obvious: at higher levels, especially in medical-related names, Tianjin Tasly Pharmaceutical’s limit-down and big selling pressure..., the strongest light—Tengjing Technology, and Guangkou Technology opened strongly and then went downhill.  
 Changfei Optic Fiber’s... Typical of the idea that when capital at the prior highs wants to attack, the intent isn’t that strong; instead, it’s covering oversold pullbacks at lower levels, with Jielui Co., Ltd. hitting the daily limit.  
   In chips and semiconductors, Cambricon... Especially semiconductors that have recently been re-let—Jiewei Te, Jiuzhou Yiqi—these have all been doing well...  
     Some of the low-level optics names are still okay too: Weiteng Electrical, Changxin Bochuan, etc... And also for optical equipment—Lobotke, ZhiliFang, etc...  
   The index being around 3960, roughly near the 20-day line, feels like there’s some pressure.

Luckily overall it’s still okay… Menonovo—especially Menonovo’s convertible bond—this was yesterday overnight; today it had an extremely high premium. Of course, there are some seat-related reasons that contributed, but the key observation point of this overnight move has been mentioned already: it’s the trend core-stock “hiding spot” around the 10-day line. And if careful people pay attention, you can tell that basically every time it has an overnight session, it opens strong with a pulse. Yesterday’s overnight was just too good.
Today, medicine is the main decliner. You can observe the stabilization and look for low entries, because you can’t really chase anything else.

View Original

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.