Core Viewpoint - The article discusses a classic case of stock movement, highlighting the importance of technical analysis and market psychology in investment decisions [1]. Group 1: Technical Analysis - The stock showed a high-value breakout when it first surpassed its yearly high, followed by a volume contraction during the pullback, indicating a potential buying opportunity [3]. - A clear 2T structure was identified during the price action, with the third T being less noticeable but evident on a 60-minute chart, demonstrating a classic VCP (Volatility Contraction Pattern) formation [3]. - The article emphasizes a pivotal point signal at the end of the 2T, which serves as an excellent entry point according to Mark's theory, suggesting that investors should consider entering at this juncture [3]. Group 2: Market Psychology - Despite clear technical indicators, many investors hesitate to enter at the pivotal point due to fear of heights and a lack of confidence, which is rooted in basic psychological instincts [3]. - The article points out that even with strong fundamentals and favorable industry logic, investors often struggle with their beliefs and fears, leading to missed opportunities [3]. - It critiques the tendency of investors to focus on low-quality stocks while ignoring high-potential opportunities, highlighting the importance of having faith in one's analysis and the underlying fundamentals of a stock [3].

Core Viewpoint - The article emphasizes the importance of understanding market dynamics and selecting strong stocks, suggesting that mastering the initial concepts of trading theories can simplify the learning process for investors [1][2]. Group 1: Trading Theories - The article discusses the similarities between two trading theories: "股魔" and "缠论", highlighting that both can provide valuable insights into market behavior [1]. - It mentions that the initial ten articles of "缠论" focus on understanding the market and selecting strong stocks, which are crucial for successful trading [1]. Group 2: Analytical Framework - The article outlines a three-dimensional framework for stock selection: technical analysis, relative pricing, and fundamentals, where technical analysis includes traditional price behavior and indicators [2]. - It emphasizes that fundamentals should encompass the buying logic beyond just financial metrics, aligning with the broader understanding of market sentiment [2]. Group 3: Philosophical and Scientific Basis - The article asserts that "缠论" is grounded in philosophy, mathematics, and physics, making it a legitimate trading theory rather than mere speculation [3]. - It highlights the necessity of understanding complex science and chaos theory to fully grasp "缠论", which may pose challenges for those without a strong academic background [3].