Today's market saw the familiar "spike and fade" pattern play out once again, but near the close, a late-session rebound emerged. While the market shifted from strength to weakness during the session, sentiment is gradually recovering, and the turning point to the upside is becoming increasingly clear. Despite the frequent shifts in market dynamics, many individual stocks are still rising as they should, with names like Weiergao, Changyingtong, Xunjiexing, Haiou Co, Kexiang Co, and Mankun Technology either hitting new highs or seeing their share prices double.

However, while some stocks are breaking out, a number of others are experiencing "rising only to be sold off" and failing in their rebound attempts. So, a key question arises: what kind of breakout is a genuinely valid one? And which types of breakouts are more likely to be followed by major trends? The video content within this article will provide a free analysis for everyone.

Mankun Technology and others continue to surge higher—this kind of breakout often leads to big moves! Today's market rally that faded is both unexpected and expected. It's unexpected because "multiple uncertainties have receded, and with positive catalysts in place, shouldn't the market rise?" has become a focal point for many. It's expected because the market's script is often the same—whenever there's a spike, selling pressure pushes it back down. As we analyzed yesterday, the current market is in a stable yet tense state of "selling pressure on rallies and support on dips."

In this environment, the rebound and repair from oversold conditions remain the main theme. Looking further, many stocks have already emerged from the "bottom of the pit" and started an accelerated upward run. There's a principle in investing known as the train rule—when you see a dangerous signal, don't argue with the market; step off the tracks and let the train pass. After it passes, you'll always have a chance to get back on. During the July decline, some people stepped aside to watch, while others "threw up their hands and held on fully invested." Now, it appears that many stocks have recovered their prices if investors didn't churn their positions.

The number of stocks that have repaired their July losses and hit new highs is increasing, such as Weiergao and Xunjiexing, which have both doubled in gains since August (as of September 22). Other stocks, while not yet recovering their July declines, have also established rebound patterns after being oversold. The path of low-position launch → breakout → right-side reversal → new highs is the typical startup route for many bull stocks. Xunjiexing fell 43.33% in July but has risen 154.40% since August. On September 22, following a 12.61% gain the previous day, it surged nearly 9% intraday. Xunjiexing carries hot concepts like PCB and CPO, benefiting from the high prosperity of the AI computing power track, with the company's PCB sales in the first half of 2026 up 57.01% year-over-year.

Looking back, during the relatively low range in early-to-mid August, Xunjiexing issued a clear low-position reversal breakout signal. Another example is Mankun Technology, which fell 46.97% in July but has since launched a significant repair rally stronger than the broader market, gaining 147.84% to date. On September 22, its share price rose as much as nearly 14% intraday. Mankun Technology has multiple concepts including PCB, CPO, and automotive chips, with its 800V high-power power supply PCB product targeted at the Rubin platform currently in customer sample testing. Similarly, in the relatively low range of early-to-mid August, Mankun Technology also showed a clear breakout signal.

Beyond Mankun Technology, some other stocks are stealing the spotlight. For instance, Xiehe Electronics, also in the PCB track, saw its share price start climbing around 11:16 AM on September 22, with institutional large orders pouring in densely, followed by a direct hit to the daily limit. Notably, it has surged nearly 80% since August and has doubled since the late-July low, easily recovering its 30% July decline. Looking back, the company also issued a reversal breakout signal at its relatively low position in August. However, it's important to note that while some stocks can launch accelerated main upswings after breaking out from lows, others frequently emit "false breakout" signals and fail in subsequent rebounds.

AMD Hits New Highs, Aohong Electronics Sees 6 Limit-Ups—A New Mainline Opportunity Is Taking Shape

Recently, the hard-tech track of AI computing power, optical communications, semiconductors, and storage has seen multiple major events, including but not limited to the following: First, Changxin Technology announced on September 20 that its fifth-generation DRAM has achieved mass production. Second, at the Yunqi Conference on September 22, Alibaba targeted expanding the global data center scale operated by Alibaba Cloud to over 20GW by 2032, and its chip subsidiary Pingtouge released the latest AI chip Zhenwu V900 that day, with computing power tripled compared to the previous generation M890. Looking further, this will benefit HBM, high-speed interconnect chips and optical modules, the semiconductor supply chain, and AI servers. Third, Meta's newly launched AI agent Muse has seen a sharp rise in market attention, driving collective gains in AI computing power, GPU, CPU, and storage sectors.

The strong performance of some individual stocks is confirming the opportunity in these related mainlines. For example, AMD, which primarily provides server microprocessors, graphics processing units, AI accelerators, and adaptive system-on-chips, saw increased trading volume and a sharp rally on September 21, with its share price successfully refreshing a new high. After the differentiation and correction in US tech stocks in July, many names are still in the "climbing out of the pit" phase. AMD's new high has opened new "ceiling" space for the market. Recently, especially on September 22 in the A-share market, sectors such as semiconductors, storage chips, GPUs, and the AI computing power supply chain have warmed up across multiple fronts, with numerous stocks showing high-elasticity moves.

Moore Threads and Muxi Co previously had breakdown-style corrections, but looking back now, both have completed "pit-filling" moves. For instance, Moore Threads established a bottom on September 15 and has risen nearly 30% since then. Xiandao Jidian, in the semiconductor materials track, has strongly secured three 10% limit-ups in the four trading days since September 17, with its product layout expanding from logic chips to CIS, power semiconductors, and other directions. Its subsidiary Kaisitong's new advanced-process low-energy high-current ion implantation machine Hyperion has been delivered to leading domestic 12-inch logic and storage customers. Notably, combined with market performance since August, a sub-track closely tied to semiconductors, storage chips, and AI computing power has shown higher elasticity in the downturn—the aforementioned PCB concept.

Among individual stocks, in addition to Mankun Technology hitting new highs, names like Xianfeng Holdings, Aohong Electronics, and Xiehe Electronics have seen batch limit-ups. Aohong Electronics in particular has secured six 10% limit-ups in the last eight trading days (September 11 to September 22). Besides Aohong Electronics, there are also several other stocks that have recently recorded multiple limit-ups. This article is for reference only and does not constitute investment advice. Investors should operate based on their own judgment and bear the risks accordingly.