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March 4 Review: Oil and Gas Disagreement, Tech Weak Rebound
Been on TaoGuBa for over two months, and I’ve noticed that everyone here is very diligent, with a wide variety of real trading and review posts.
Based on my current level, I’m not yet capable of participating in real trading competitions, because last year I looked at the returns for the last two months and ranked around 17th. I will join real trading contests once my skills improve to the top five or top three.
Starting today, I will write review posts.
Highest target: None
Four boards: ShuiFa Gas (Natural Gas Concept + Shandong State-Owned Assets)
Yasheng Group (Agricultural Concept + Gansu State-Owned Assets)
Three boards: Intercontinental Oil & Gas (Long-term, Oil & Gas Exploration + Oil Fields)
Shandong Molong (Oil & Gas Equipment + Middle East Orders + Turning Losses into Profits)
Zunyou Co., Ltd. (Oil & Gas Services + Xinjiang State-Owned Assets)
Sinopec Oilfield Service (Oilfield Engineering + Overseas Big Orders + Central Enterprises)
20cm Elastic Live Opening: Tongyuan Petroleum
Two boards: None
First boards: 38 stocks, including 11 in Smart Grid, 5 in Artificial Intelligence, 4 in Chips
[Taogu Ba]
And there are 11 stocks hitting the limit down, but it looks like the order book is relatively weak.
Also, next door today dropped -12%, the largest single-day decline in South Korea’s history. Take a look at the daily chart to feel it:
The reason for the crash is said to be that South Korea is the world’s fourth-largest crude oil importer, with 70% coming from the Middle East. If an oil crisis develops, it will be a heavy blow to South Korea.
It’s late, so I’ll keep today’s review simple. See you tomorrow!