legendary trader

Chapter 393 Chapter 394 Pushing Up the Stock Price
Facing the continuous selling orders, Qualcomm's 5.3 yuan buy order was quickly swept away. Zheng Xiaopang hurriedly said to Chen Fan: "It has broken 5 yuan. The market seems to have no reaction to our operation last week."

"I see, maybe those sharks are still waiting for us to appear, and they may not be sure who we are inside." Chen Fan explained with a smile: "Last week, someone smashed the market, and we went in to pick up the sharks. Shanzi, we know that there are funds running away, but for outsiders, the situation becomes complicated. They may have many judgments, one is our real situation, we went in to take the order, and the other is that the funds are falling down The stock price is not only to lower the cost, but also to take advantage of the trend to wash the market.”

Having said that, Chen Fan saw that Qualcomm's 5.29 yuan buy order for thousands of shares was about to be canceled by two selling orders, he hurriedly hit the Enter key, and threw a prepared 1.6-share buy order into the market, locking it. Live at the price of 5.29 yuan.

After blocking the downside, Chen Fan began to pay attention to the sell orders listed above, none of which were large, and most of them were in thousands of lots. There were more than 5.33 sell orders at the price of 3 yuan, which was obviously a number piled up from scattered sell orders. , should be thrown out after seeing the opening price, but there is no transaction.

"Do you think it's better to pull up in the low-level shock tail market, or to consolidate at a low temperature first, then do a pull-up in the middle, and then let the price fall back?" Chen Fan suddenly asked Zheng Xiaopang.

"What's the purpose? To raise the stock price or to attract money?" Zheng Xiaopang asked rhetorically instead of answering directly.

"I have both. I need market attention and bargaining chips." Chen Fan said without hesitation. In fact, this also revealed that he and Zheng Xiaopang did not have enough experience in trading. It is no problem for the following traders to do the thinking, after all, it is to point out the direction for the traders, but when it comes to him, Chen Fan is a little bit blind as to how to operate it.

"As long as you pull up, you can attract people's attention. If you want to raise money by the way, of course, pull up as soon as possible. It will be easier to attract chips in the adjustment later, and it will be much easier to build a position. This is how I see it. But if you operate this way, buy The cost of entry will be high." Zheng Xiaopang said after thinking about it, he has already admitted it, since Chen Fan is determined to engage in Qualcomm, let him try it out, Chen Fan invested more money than him in this project many.

"I can't buy many stocks in the low position. It's better to pull up early. Although there may be people scrambling for funds, relatively speaking, we should eat the most." Chen Fan looked at Zheng Xiaopang again, wanting to consult down his meaning.

"Then start pulling now?" Zheng Xiaopang asked back, "Brute force or push up the channel? You first set a charter, and I will operate it."

Chen Fan quickly calculated the gains and losses in his mind, and finally came up with an idea that he thought was good, "Let's push an upward channel first to see the reaction, and continue if the reaction is good. Adjust, what do you think?"

Zheng Xiaopang felt feasible after thinking about it, "Then do it like this, start now?"

"Let's start, you see that there are not many sellers now." Chen Fan looked at the Nasdaq chart, and now the Nasdaq has fallen to around 2400 points. Looking at Qualcomm's transaction data, there are not many active sellers, so I don't want to be able to get the chips I want in the low position.

After Zheng Xiaopang heard the words, he immediately began to absorb the Qualcomm shares listed on the 5.3 yuan. After placing three consecutive buy orders of thousands of shares, the remaining selling orders on the above were only more than 3 shares.

After waiting for a while, perhaps counting the time silently in his heart, Chen Fan thought maliciously.

Immediately there was a buy order for 2 shares in the market, and the number of stocks listed at the price of 5.3 yuan was reduced to just over 9 shares. The buy order not only eats up the remaining sell orders, but also places tens of thousands of shares on it.

As Zheng Xiaopang continued to place buy orders into the market, active buy orders began to increase in the transaction details of Qualcomm stocks. The rise in stock prices is indeed a good medicine to stimulate buying. After Qualcomm’s stock price started to rise, some are still swaying and hesitant. Many investors also placed large and small buy orders and entered the market to buy Qualcomm's stock.

These purchase orders are not large, but when there are not many selling orders coming out, the driving force is still pushing up Qualcomm's stock price one by one.

Chen Fan looked at the Qualcomm stock price trend chart and the Nasdaq index trend chart displayed on the left and right computer screens respectively. The two were running in perfect harmony. They were both slow movements, but they were running in diametrically opposite directions.

It took Zheng Xiaopang a few minutes to pull Qualcomm's stock price to around 5.36 yuan, which was the highest price last week. He planned to consolidate here to see if there were any rallies in the market, so he posted it here I turned a blind eye to the 10,000+ shares sell order, and just put a few thousand shares buy order below, just waiting to see if anyone shipped it.

In fact, there is no waiting time. For stocks like Qualcomm, there will never be a lack of trading, just to see if the price is appropriate.

Qualcomm's stock price has reached this recent high price area, and continuous selling orders began to appear. After Qualcomm's stock price started to rise, active selling orders were consciously suppressed. Sellers also wanted to wait for a good price. Now that Qualcomm's stock price is at this price There seems to be a bit of a weak rise nearby, and there is no upward momentum left, so some impatient people have already started to sell at 5.35 yuan, wanting to leave the market first.

Qualcomm's trading volume has not been greatly enlarged. Although there are many people who sell stocks, it is hard to say anything about the number of their holdings. Most of them are one or two thousand shares. Obviously, there are no institutions selling at this time. Their The shipment volume is much larger, so I don't care about 1 point and 2 points, but care more about whether the selling price is appropriate.

I don't know what to say, although Zheng Xiaopang didn't make a move on the 5.36 yuan sell order, but there were still people who made a sweep from time to time during the session.

At first, Chen Fan thought it was the traders from Group 2 who were eating goods, but after a few more visits, Chen Fan began to pay attention to the transaction details below. Except for those orders of Zheng Xiaopang, Chen Fan still noticed that other funds in the market bought The frequency of buying Qualcomm stocks seems to be very high, even more than the buy orders from Group 2, but the number of orders is very small, and Chen Fan will not be sure for a while whether there are many people who are paying attention to and participating in Qualcomm stocks The transaction is still being followed up.

Chen Fan knew that Zheng Xiaopang planned to grind here to see if he could attract sellers. Although he saw that there were orders to take away 5.36 yuan, he was not in a hurry.

Now they already hold a lot of Qualcomm shares, not less than the tens of thousands of shares. Chen Fan doesn't think they have the ability to win all the low-priced chips. Doing so will only accelerate the increase of Qualcomm's stock price.

Zheng Xiaopang stopped trading for half a minute near 5.36 yuan. As the buy order at 5.35 yuan was eaten by selling orders, the trend line of Qualcomm's stock price began to turn downward.

However, the selling orders were too few and scattered, and other funds entered the market from time to time to absorb them. Thousands of shares had been placed at the buying price below, and the stock price fell very slowly.

And the selling price above that they are concerned about does not appear to be accumulating rapidly, that is to say, not many people want to sell stocks here, maybe because there are few floating chips, or the shareholders are not willing to sell their stocks here chips.

As Qualcomm's stock price broke through 5.34 yuan, Chen Fan was a little disappointed. There was no expected selling order to enter the market. The recent high of 5.36 yuan did not have much attraction for stockholders, and they had no plans to issue tickets.

"Don't worry about it, just continue to pull up and see if there is an order at any price." Chen Fan suddenly said to Zheng Xiaopang.

"Okay, there's really no floating chips." Zheng Xiaopang promised to start placing buy orders one after another to the market again, and soon Qualcomm's stock price regained its position at 5.34 yuan, and then began to attack 5.35 yuan.

The reason why Chen Fan called for an upside attack at this time was also because the Nasdaq began to rebound at this moment, and the resistance level of 2400 points still played a little role. As the shock continued, some funds were still attracted to the market, and they chose what they wanted. When it comes to stocks, they may have been too impressed by the market wash in the past two months. Many people still feel that the market still has a chance to continue to rise after the adjustment.

This time, the rise of Qualcomm’s stock price was not blocked at 5.36 yuan. After the stock price reached this point, Zheng Xiaopang directly issued a buy order for 5.36 shares, eating up most of the order at the selling price, and then continuously entered [-] shares to start liquidation. After a few orders, the [-] yuan selling order was swept away, and then continued to attack upwards.

Chen Fan stared at the rebound of the Nasdaq, not taking the time to look at Qualcomm's stock price. This time the Nasdaq rebounded quite strongly, rebounding more than ten points all the way, approaching around 2420 points.

After continuous observation, Chen Fan also found that after the market approached yesterday's closing point, the trading volume showed a shrinking posture, that is, the follow-up buy orders still decreased, and the upward momentum of the market was about to disappear. Chen Fan took a look at Qualcomm's stock price again. The price has risen to 5.43 yuan.

"Push it faster and see if you can touch 5 yuan and 5 yuan." Chen Fan suddenly said to Zheng Xiaopang again.

"Speed ​​up?" Zheng Xiaopang said hesitantly, "It's pretty good as it is now, the selling continues, although there are not many, no matter how small a mosquito is, it's still meat."

"The Nasdaq rebound is coming to an end." Chen Fan replied directly.

"That's good." Zheng Xiaopang was so focused on Qualcomm's stock price that he didn't look at the changes in the index at all. He knew what happened from Chen Fan's words.

Although many stocks operate independently from the index, on the market, most of the time they fluctuate with the index fluctuations, but they rise sharply when the market rises slightly, and they consolidate at high levels when the market pulls back. Gradually showing an independent market, out of the market is very different from the trend.

At this time, what Chen Fan thought of was to follow this approach. The market as a whole is in a downward trend, but there are also rebounds. During the market decline, they will make adjustments. When the market rebounds, they will seize the opportunity The stock price pushed higher.

Now they hold more than 3 million shares of Qualcomm, with a market value of 1.8 million. This is not a large investment, but the corresponding current market value of Qualcomm is only 67 billion yuan. If they continue to operate according to this model Qualcomm stock, their shareholding ratio will soon exceed 3%.

This proportion of shares is not much in Huaguo's stock market or in some companies with concentrated equity, but in a company with highly dispersed equity like Qualcomm, Chen Fan suspects that the county's shareholding in them may have been allocated to the company's shareholders. The top 20 on the roster, but fortunately, these shares are scattered in 8 accounts, which is not considered eye-catching.

Nothing can be seen in the name, but in terms of market performance, it will not be so important. Qualcomm's market transactions will be more tense, because a large number of floating chips are deposited in their hands, and the number of circulating stocks in the market will be greatly reduced. .

In fact, the proportion of Qualcomm's shares that are actually circulating in the market will not exceed [-]% of the total share capital, and the other [-]% of the shares are deposited in the accounts of other major shareholders, and they will not easily enter the market for trading.

The so-called full circulation is just a saying, which means that everyone has the same shares and the same rights. No matter who owns the stock, they can freely circulate in the market, but for some good stocks, they are very scarce resources.

If you want to buy tens of thousands of shares, there is no problem at all. There are many in the market, so you can buy casually, even if it is hundreds of thousands or millions of shares, the problem is actually not big.

But if the number of stocks is increased to the level of tens of millions of shares again, it will be very difficult. Tens of millions of shares will be withdrawn and deposited in certain accounts, and the transactions in the market will soon be displayed. The rise is necessary, and the deep level is that the trading volume of stocks will gradually decrease because there are no stocks available for trading.

Zheng Xiaopang began to accelerate the speed of issuing orders, and the rate of rise of Qualcomm's stock price also began to increase significantly. It was reflected on the disk that the stock price showed signs of accelerating after a long climb. It seemed very normal, and many The trend of stocks entering the upward trend is almost the same, from slow rise to rapid rise. Although the imprint of capital manipulation has appeared, how can it be possible for those who dare to raise stocks at this time without the conscious intervention of capital? After all, the Nasdaq market is now The whole is in a downward trend.

However, the peak of the Nasdaq is faster than the rise of Qualcomm stock. The Nasdaq turned around at 2418 points, and this downward correction is a bit faster, at least faster than the one after the opening. Maybe the shorts are a little dissatisfied The current market situation is too bad, and I plan to break through the multi-party resistance level of 2400 points with all my eggs in one basket. The speed from the index U-turn to the downward slide is very fast.

"Stop, let's see if the selling orders come out." Chen Fan said to Zheng Xiaopang after seeing the Nasdaq turning around, the market will inevitably fall again, it depends on the strength of the bulls in the market, although Chen Fan is not optimistic them
(End of this chapter)