legendary trader

Chapter 391 Chapter 392 Long Upper Shadow
Although Zheng Xiaopang was a little scared to be a banker in the rice stock market, he was still very excited. He was a little excited and started to control the rise and fall of the rice stock market.

"It's all odd shares now. We don't need to rush to sweep all the plates. If we hold all the stocks in our hands and the market lacks liquidity, this stock will be finished." Chen Fan shook his head with a smile and said, look Looking at the transaction details of Qualcomm stock, a transaction slip of tens of millions of shares flashed out from time to time. The stock price stabilized at 5.16 yuan, and the buying orders below also increased by more than 2 shares than before.

Chen Fan and Zheng Xiaopang are talking about Qualcomm in a calm manner here, but the outside world has exploded because of the policy suddenly announced by the US Federal Reserve and the dive in the rice stock market.

Investors around the world knew the news at the first time. Institutions and investors who actively reduced their stock positions at the beginning of the year due to the influence of rumors are now rejoicing, sweeping away the haze caused by the continuous rise of rice stocks.

Regardless of the institutions and investors who ignored the gossip and gossip, they did not have the calmness they had before. The stock market dive has already explained the problem. Although most of the investments now seem to be profitable, if the market continues to fall, these books will become richer. For nothing is just a matter of time.

Due to the change of monetary policy of the Federal Reserve Bank of America, the prices of a large number of commodities began to fluctuate violently. The fluctuations in US dollar-denominated bonds and gold were particularly obvious. It doesn't matter, at this moment, Chen Fan is staring at the time in the lower right corner of the computer screen, ready to open a position at any time to raise the price of Qualcomm stock again.

With the passing of time, the Nasdaq index has fallen below 2410 points and is infinitely close to the 2400 point mark.

With the continuous decline of the index, the selling order in the market began to increase again. The previous bottoming failed to attract enough new funds to enter the market, and the decline of the Nasdaq became inevitable. At least it needs to be confirmed by stepping back Low support.

Amid the large-scale decline in stock prices in the market, some stocks with capital support will undoubtedly become the bright spots of the market in the short term, and the Qualcomm stock that was previously pushed up like crazy has been noticed by more and more investors. The method, the trading volume is too explosive, and in the eyes of investors who pay attention to market transactions, Qualcomm stock is too eye-catching.

At this moment, more and more people are gathering on Qualcomm stock, and many investors are attracted, like sharks smelling blood, many people have already started to tentatively buy some stocks. There are more and more people, and Qualcomm's stock price has returned to around 5.2 yuan, but now more than 20 shares have been piled up here.

There are not many investors who are willing to touch this price. Most investors who are willing to try their hands choose to place orders below and wait for the sale. After all, the Nasdaq market is still in the overall correction, so there is no need to rush Come in.

In fact, they really don’t care about the price difference. They are worried about buying higher costs or being trapped and causing losses. It is the current market situation that makes them feel uneasy. No one knows whether this fund can withstand the current systemic risks in the stock market. Will the market die halfway.

Chen Fan stared at the changes in Qualcomm's stock price, while Zheng Xiaopang stared at Chen Fan, waiting for his words to end the sweepstakes.

Fifteen minutes before the market closed, Chen Fan finally made a move. Facing the 15 shares piled up at the selling price of 5.2 yuan, Chen Fan directly placed a buy order for 23 shares and took them all at once. Pang said: "Let's start, take the above list at a leisurely pace, don't eat it all in one bite, and give some leeway to the chasing funds later."

After Chen Fan finished speaking, he made another buy order for 5 shares, ready to pay 5.21 yuan.

Zheng Xiaopang was about to tap his hands on the keyboard. After listening to Chen Fan's words, he was stunned for a moment, looked at the current quotation of Qualcomm stock on the computer screen, and directly deleted a 0 on the purchase quantity before typing.

Because the Nasdaq has fallen back to around 2400 points and struggled, although there are many people paying attention to Qualcomm stock at this time, most of them are not willing to enter the market to buy stocks immediately. Make the stock price go up.

There have been many sell orders above 5.2 yuan, which are evenly matched with the buy orders below.

But when a buy order of more than 20 shares entered the market and wiped out the sell order of 5.2 yuan in one gulp, many people were surprised and couldn't help but start to prepare the order to exit the market at any time to grab funds.

After that, thousands of shares of thousands of shares of buy orders kept hitting the selling orders above, and the selling orders piled up on the selling price became smaller and smaller. Some impatient investors had already clicked the buy button and joined the Grab the ranks of Qualcomm stock.

5.21 yuan, 5.22 yuan, 5.25 yuan, 5.27 yuan, the stocks at the selling price were eaten up by buying orders one by one, and the first buying price kept moving up.

Although the Qualcomm stock price trend chart at this time is far from being as strong as when it was pulled up before, it is also very steady and continues to hit upwards at this time. From time to time, there are big sell orders in the market, but the orders that are thrown into the market are quickly being sold out. The influx of bills, large and small, were all eaten up, and there was no trace left in a short time.

The trading volume column below Qualcomm's share price is insignificant compared to the huge volume that exploded before, but anyone with a discerning eye knows that the current trading volume is actually relatively enlarged, just because too many stocks were sold just now, and the An unknown institution swept too hard, so the ever-increasing trading volume could not be seen at all.

Except for the first big buy order of more than 20 shares in this pull-up, most of the other orders in the transaction details are within 2 shares. These are some scattered buy orders that are constantly impacting Qualcomm’s stock price. From time to time Most of the large number of transactions that appeared were actively sold.

Without the crazy increase in trading volume during the previous pull-up, everything seemed normal. Qualcomm's stock price continued to rise under the support of continuous small buy orders entering the market, and intraday highs were constantly being refreshed.

5.28 yuan, 5.30 yuan.
Here, Qualcomm's selling orders became intensive again, not because Qualcomm's shareholders lost confidence in the stock price, but because the Nasdaq finally fell below after several struggles around 2400 points. Stocks have experienced rapid declines to varying degrees. At this moment, Qualcomm stock, which is still rising to new intraday highs, has attracted the attention of hot money in the market.

At this time, the number of people who choose to buy gradually increases, but the number of investors who choose to sell stocks is even more.

What the market is facing now is systemic risk, that is, all stocks in the market are facing the problem of re-pricing. Only a few people believe that Qualcomm's current main force can turn the tide and resist the selling orders in the market.

For most people, this bad news cannot be resolved in one day. The stock market will continue to fall for a period of time at least after the opening of the market next week. If there is no room for falling to resolve the bad news of this interest rate hike, the market will not May stabilize.

At this time, Qualcomm's stock price has risen to 5.3 yuan. At this price, 32 shares have been sold, and the follow-up funds have consciously suspended their buying operations, waiting to see if the previous dealer will come again. The trick of swallowing, eating all the selling orders of 5 yuan and 3 yuan at a time, if you dare to play like this, buying some Qualcomm stocks does not seem to be a very risky thing.

Zheng Xiaopang entered the market according to Chen Fan's intention, and did not notice the slight changes in the market. He continued to buy thousands of shares and thousands of shares. The buy orders in the market have almost been cut off. It seems that there are only two orders made by myself for scanning 5 yuan and 3 price orders. No, there is still a pay order entered by others.

Slowing down a little and looking at the market, Zheng Xiaopang immediately discovered the problem. There was a wait-and-see mood in the market, and everyone was waiting, waiting for the institution to act on the 5.3 yuan sell order.

Zheng Xiaopang checked the transaction data and confirmed that there was only one external fund for the purchase of 5.3 yuan, so he turned to look at Chen Fan, hoping to hear what he said, whether it was to continue to raise funds or something, but after reading Zheng Xiaopang was a little hesitant. At this time, Chen Fan was staring at the Nasdaq chart in a daze. It seemed that Chen Fan did not expect the Nasdaq to fall below 2400 points again.

Looking at the very subtle trend of Qualcomm's stock price, Zheng Xiaopang still briefly introduced the current situation to Chen Fan, waiting for his decision.

"Keep scanning up, don't enlarge the list, don't care if others chase him or not, we will continue to buy." Chen Fan was very upset when he heard Zheng Xiaopang's words, and he said that he just bought it, thinking about other people's plans, if the market I want to play with what others do, and it’s not the shipping stage.

Zheng Xiaopang could hear a trace of impatience in Chen Fan's tone. Thinking about the rapid changes in the market today, he probably didn't slow down for a while. According to Chen Fan's intention, he began to continuously place buy orders for thousands of shares and began to scan the sell orders for 5 yuan and 3 yuan.

Chen Fan looked at the time. The market will close in a few minutes, and the Nasdaq is still oscillating around 2398 points. It seems that it is about to stabilize, but the strength of the bulls in the market does not have much advantage. By this time, the main force of the market has not made a move It means that it seems that the 2400 points of the Nasdaq today are in danger.

Chen Fan thought to himself, so he had to turn his attention back to Qualcomm stock.

Zheng Xiaopang has placed two consecutive buy orders for thousands of shares, but it is just a drop in the bucket for the increasing number of selling orders above, and the speed of buying is even slower than the listed orders, because now the sell orders at 2 yuan have piled up To 5.3 shares.

Chen Fan called up the daily chart and looked at it. From time to time, Qualcomm had a big positive line with a rise of more than 3 points, but there was often a certain correction after the big rise. Obviously, the original institution that operated Qualcomm was not strong, so the promotion It is very slow, often only when the market is going well, there will be a wave of big gains, and a callback will be made later to consolidate the bottom support.

Chen Fan has confidence in Qualcomm's stock price. Of course, it is impossible to refer to the original operation mode of the funds. There are a lot of funds in his hands that can be invested in Qualcomm's stock. Even if he buys 1 million shares, it is more than enough. What needs to be concealed is just an opportunity, an opportunity to be promoted.

When Chen Fan was still thinking about whether there was a long upper shadow at the end of the day, he was testing whether the pressure above was strong. Suddenly, out of the corner of his eye, he glanced at the Nasdaq trend chart on the computer next to him. At this time, the Nasdaq trend changed again. The quick hook began to rebound and rise, and the trading volume below also increased simultaneously. The main force of the market finally left the market in the last 5 minutes before the market closed.

Perhaps because of a little stimulation, Chen Fan didn't think more deeply about how to operate in the market outlook. What he was thinking about now was to pierce a long shadow line first, pointing out a direction for the next week to continue to rise, so as not to have to be alone when he got there It's not good to fight hard. Although you can get more cheap chips, Chen Fan knows in his heart that you can't eat casually by yourself. In the stock market, liquidity is above everything else. Only good liquidity will be beneficial to others. Funding generated attracted.

At this time, Chen Fan didn't realize that his current thinking had changed from following the tide and following the trend to actively manipulating the market.

But none of that matters now.

Chen Fan didn't tell Zheng Xiaopang about other arrangements, but he directly placed a large order to sweep away the 5.3 yuan blocker, which was only 35 shares. Chen Fan really didn't take this sale order seriously.

A direct buy order for 20 shares was issued without any chance for other investors in the market, and another buy order for 15 shares entered the market, and the sell order for Qualcomm's share price of 5.3 yuan was swept away.

Zheng Xiaopang was stunned by the sudden change in the disk, and then found that Chen Fan had swept away the shares listed on Qualcomm's selling price, and then he continued to increase the buying price to push up the stock price.

As the huge sell order at the selling price of 5.3 yuan was swept away, the obstacles in the eyes of other onlookers were eliminated. Facing the pressured orders with only tens of thousands of shares above, it was really not enough for these people to see.

Soon tens of thousands of active buy orders began to enter the market to buy Qualcomm's stock, and Qualcomm's stock price began to make a breakthrough again.

But this time, Chen Fan just wanted to create a long upper shadow, and didn't intend to push Qualcomm's stock price too high. After sweeping out the 5.3 yuan sell order, he turned his attention to the trend of the Nasdaq.

The Nasdaq's rebound in late trading kept up very well. The 2400 point was quickly broken through without any pressure, and then a large number of stocks with large intraday declines launched a retaliatory rebound. The diving trend was too lethal. Many stocks There are technical oversold in the short term.

Although at this time, most investors choose to avoid risks and are unwilling to enter the market to gain a rebound, but a small amount of funds still participate in this gamble.

It was indeed a gamble. At least in Chen Fan's opinion, the rice stock market should continue to fall for two or three days at the beginning of next week before it will stop falling. Although the Nasdaq index is still bright, it may be a matter of April.

Look at the time, there are still 2 minutes before the close, and there is not much time to make the upper shadow line.
(End of this chapter)