legendary trader

Chapter 405 4066 yuan

After the stock price of Qualcomm jumped sharply and opened high under the influence of good news, it experienced a trend of heavy volume and violent shocks. In the short term, the huge number of trading orders in the market were colliding fiercely, and the stock price also seemed to be bungee jumping, up and down. Chen Fan was dazzled for a while.

"There are too many ticket sellers." Zheng Xiaopang said worriedly.

"I understand your concern." Chen Fan looked away and looked at Zheng Xiaopang with a smile, "But it should be that some individuals and organizations with huge profits are shipping, and it is estimated that they will stop soon. They are all short-sighted guy."

"Yes, I hope so." Zheng Xiaopang listened to Chen Fan's words. Although he still felt that it was not particularly safe, he had no good solution under the current situation. At least he listened to Chen Fan's operation. There is no doubt about it.

The huge trading volume lasted for nearly 1 minute. After the huge buy and sell orders were executed, the trading volume of Qualcomm stock began to decline significantly, but it still maintained a level far exceeding the normal level of the previous few trading days.

Chen Fan observed carefully for a while, and noticed that the decrease in buying orders did not seem to be obvious. The decline in trading volume was mainly due to the decrease in selling orders. Naturally, there will be less floating chips on the market, and new investors who have not made a profit in the short term will naturally not sell. The number of chips available for trading in the market has decreased, and the decline in trading volume is a matter of course.

"The correction of the market is very strong."

In the few minutes since the opening of the market, Chen Fan has been staring at the price change of Qualcomm stock, and has not paid much attention to the trend of the index. When he heard Zheng Xiaopang speak suddenly, he shifted his attention to the Nasdaq index.

After the Nasdaq opened for trading, the index had a short-term upward trend. After the index quickly broke through 2400 points, it failed to make persistent efforts. It only turned around and bottomed out when it reached 2405 points.

At this time, the Nasdaq continued to fluctuate and drop, and the index had already fallen below today's opening point, which was around 2390 points at this time. It seemed that it wanted to rebound from the bottom, but the index meant to rebound, but the trading volume did not keep up. It's a bit of a price increase.

"It seems that the market can't be supported here, and we should continue to search for support." Chen Fan said when he saw this, he was not optimistic about the market's ability to build a bottom in the short term.

"The March contract went back and waited for the index after a short surge. Hey, we still have 3 lots in the futures index that have not been closed." Zheng Xiaopang has no feeling for the index. Although the March contract in my hand is still profitable, every time the market rises by 12 point, I will make a lot of money. Who would think it is too much money?

The counterattack launched by the Nasdaq near 2390 points did not last long. After rebounding only a few points, it began to fall again, and it ended without even touching the opening point.

However, Chen Fan is relieved that although the Nasdaq is bottoming out at this time, Qualcomm's stock price has not been affected in the slightest. After a large number of selling orders disappeared, only a few selling orders that popped up from time to time were not enough to cause any pressure on the stock price. However, Qualcomm's stock price began to rise slowly amid the continuous decline of this index.

Perhaps the huge trading volume broke out in a short period of time, which consumed a lot of popularity of the bulls. At this time, although the price of Qualcomm stock was constantly being pushed up by buyers, the rising speed was not fast, 5.96 yuan to 5.97 yuan.
The prices that were filled with sell orders were swept away one by one by the buyers, and the stock price slowly approached the round mark of 6 yuan. There were millions of sell orders accumulated here, but compared to the forward, it was only a minute-by-second transaction volume. , but at this moment, it is showing tremendous pressure.

"Mr. Chen, the stock price seems to have stabilized. Should we start to act here? It seems that the stock price will not break through the 6 yuan mark in the short term." He Li on the side suddenly said to Chen Fan.

Chen Fan looked at the market. Although Qualcomm's stock price is still on the rise at the moment, it seems that the closer to 6 yuan, the buying price seems to be decreasing. Although he doesn't understand why it will decrease. In his opinion, 6 yuan has piled up. A large number of buy orders, for those funds that want to build positions, should pounce on them like a pack of wolves that have found their prey. The market is a bit abnormal.

"Why do you think no one is scrambling for the order now? There are so many selling orders listed here at 6 yuan. According to my opinion, they should be swept away directly." Chen Fan did not directly answer He Li's question, but asked rhetorically.

"This? It's hard to say. From the current point of view, the excessive energy consumption of the bulls in the short term may be one of the reasons. In addition, it is not ruled out that the funds that want to enter the market are deliberately spent here, hoping to attract more profits. After all, no one wants to spend more money on the stage." He Li replied.

"In the former case, will we attract long positions again if we change positions here?" Chen Fan continued to ask.

"If we trade a lot around 6 yuan, it will definitely attract buyers to enter the market again after a long time. After all, looking at the long-short comparison of the market now, the bulls still have an absolute advantage." He Li said.

"Then you plan to quickly transfer some positions here?" Chen Fan looked at He Li before continuing to ask.

"Yes, it is necessary to find a few more prices to transfer, and even if you only plan to move the stocks in two accounts today, not only the prices must be separated, but also the time must be staggered, so as to achieve a certain degree of concealment." He Li explained.

"Then you can operate according to your wishes, time is not urgent, what I want is safety." Chen Fan said after thinking about it.

After explaining the Qualcomm stock here, Zheng Xiaopang said: "Is the Nasdaq going back to make up the gap?"

At this time, the Nasdaq has fallen below 2380 points and is sliding towards 2370 points. Looking at this posture, the closing points of the last trading day were only ten points apart. It is only a matter of time before the gap is closed, because at this time the market is at On the way down, the trading volume is in a state of continuous shrinkage, and there is no sign of capital re-intervening in the market at all.

"Maybe, the probability of the market stopping the decline is not high if there is no trading volume. To reverse the market, funds must enter the market to intervene." Chen Fan saw that the market trend had nothing to say, so he casually said.

"Seeing the decline, my heart is tight. There are more than 12 orders, and the money I make is getting less and less." Zheng Xiaopang was still expressing emotion.

"It's just a small amount of money. Even if the index rises by dozens of points, how much more can we earn? Besides, we don't have the strength to influence the trend of the Nasdaq, so don't think too much about it." Chen Fan thought Zheng Xiaopang was a little funny, but he still comforted him.

"As long as the index can reach 2400 points, I don't want too much. Hey, 2370 points are broken, and the gap must be filled." Zheng Xiaopang said while shaking his head.

"Team leader, we have already obtained 5 million shares of Qualcomm."

At this time, in the core trading room of Shencheng Jinxin Building, the man with glasses was quickly talking to the team leader beside him.

"The price has risen too much." Xiao Yang adjusted his glasses and said, "When it was more than 5 yuan, it was too melancholy. It's a pity that the opportunity was lost."

"Now there is another burst of trading volume near 6 yuan. Is there any new funds entering the market to build positions? Should we also go in and buy some more? Now it seems that this stock is the time to chase the rise." The man with glasses looked at the team leader and seemed to ignore him I mean, just say it directly.

"You are really good at chasing ups and downs, hehe. Don't look at me like that, I have seen your transaction records." Xiao Yang glanced at the man in glasses who stared at him in surprise and smiled.

"It's also your skill to be able to find the target and chase the rise and fall. Now do you think Qualcomm still has a chance?" Xiao Yang continued to ask the man with glasses.

"It should be possible to catch up. As long as the trading volume does not continue to shrink, it means that there are still funds entering the market. The shrinking volume after the previous explosion was actually caused by the disappearance of selling orders in the market in the short term. It's just that the bulls seem to be very cautious, not very I am impatient, so the stock price has not risen much these days, but as time goes on, if new funds come in to sweep the market, the stock price will definitely be out of control."

The man with glasses hurriedly expressed his opinion to the boss of the team, hoping to get permission to continue buying Qualcomm's stock.

After staring at Qualcomm's trading volume for a while, Xiao Yang frowned slightly, "This volume doesn't seem like new funds are buying. The listing and buying of stocks seems to be a bit regular. They are listed first and then bought, and they always maintain a certain level. It seems that someone is here to reverse the selling order, which is really strange."

"It's really weird to look at the transactions these days, but it's not easy to judge that way. After all, only someone who sells can be bought. Maybe this new fund is hoping to attract more selling orders, so it scans the pending orders. Buy as much as you can.”

The man in glasses didn't pay much attention to the selling and buying orders in the market. It seems that they are keeping a certain synchronization, because the buying and selling orders in the market have begun to change at this moment. Buying orders began to pile up at 5.99 yuan, and they actively bought 6 yuan It seems that the funds have bought a certain amount and started to close their hands. They are no longer as eager to build positions as before, but changed to low-level buy orders to accept sell orders.

With more and more buying orders at 5.99 yuan and 5.98 yuan, active selling orders began to appear, frequently hitting the lower buying orders.
Xiao Yang adjusted his glasses again, "The current transaction of this stock is quite weird, so let's keep an eye on it for now and see how it changes later."

Qualcomm's current market situation is too strange. There are obviously long and short funds trading in the market, but it seems to maintain a certain balance. If it is not a family that is against each other, Xiao Yang will not believe it.

But now that Qualcomm stock is in a situation surrounded by wolves, some people dare to play this game, aren't they afraid of being swept away by a big order?

Or is this just a stock of funds that is planning to ship, deliberately reversed here, waiting for someone to enter the market to grab funds, and take advantage of the trend to keep raising the stock price so that the goods can be sold out?
Xiao Yang thought about it for a while but didn't think of any clues. The company's research team has already made a preliminary analysis of Qualcomm's stock price expectations. The research institute believes that Qualcomm's reasonable stock price should be above 6 yuan, but the specific price is currently there. Still researching overnight, no final conclusion has been drawn, because it requires analyzing Qualcomm’s financial data in recent years and estimating the development of the wireless communication market in the future in order to roughly calculate the changes in Qualcomm’s revenue in the future. These mathematical models are simple to say, but it is still very troublesome to enter the actual calculation process, and a large amount of data needs to be collected to support them.

Therefore, the current stock price of Qualcomm has actually gradually become less attractive, unless the research institute significantly increases the expectation of Qualcomm's stock price.

Xiao Yang believes that this is the main reason for the current decrease in buying in the market. All institutions should be studying and analyzing the changes in Qualcomm’s revenue in the next few years, using these data to re-price Qualcomm’s stock, and then use this as a basis to guide the follow-up. trade.

He also didn't dare to bet on where the reasonable price of Qualcomm's stock should be. This can't be determined by patting his head, and requires careful mathematical calculations.

"Damn it, I finally filled the gap and started to rise." Zheng Xiaopang saw that after the Nasdaq closed the gap in today's session after the pullback, the Nasdaq began to fluctuate and rebound. Although it is not sure whether it has stopped falling, but At least for now the Nasdaq is up.

"The trading volume is not well supported, maybe it will go down." Chen Fan began to break the cold water after looking at the trend of the Nasdaq.

"The gap has been filled, so there should be no need to continue to explore the bottom." Zheng Xiaopang said still unwillingly.

"No one stipulates that if the gap is filled, the price will increase. You are thinking too much." Chen Fan laughed.

"I believe you are evil, look, the transaction has come out." Zheng Xiaopang suddenly raised his voice an octave, and shouted loudly.

"When it reaches 2370 points, isn't it normal to increase the volume and go back?" Chen Fan still cheerfully argued with Zheng Xiaopang. Now he watched Qualcomm's stock price continue to increase around 6 yuan, but he didn't hear anything in his ears. He tried to talk to them, and he knew that this meant that the exchange of positions went smoothly, and no funds came in to interrupt him, so now he is in a good mood and is very happy to play with Zheng Xiaopang.

But soon he stopped talking, because the Nasdaq continued to rise after the trading volume slowly increased, and the buy orders entering the market did not decrease with the rise of the market. Chen Fan still knew what it meant, maybe Today, tomorrow at the latest, the Nasdaq can really recover 2400 points.

Now Chen Fan has lost his judgment on the short-term operating point of the Nasdaq. Although he knows that the high point of the index within a month is far higher than the current point, even if he looks at the data recorded in the past, he can't do it.

There is no way, this can only be blamed on the cheating ability, which can see the high point in the next month or so, but once the high point occurs, the index will not react when the subsequent operation is lower than this high point, even if it will appear later He can only guess that the index has not continued to rise, but he can't tell whether it is sideways or falling.

This kind of prediction will disappear only when the index reaches the point corresponding to that brightness, which also caused Chen Fan to make a mistake in predicting the high point this time.

Chen Fan now also understands that, especially when the market is rising in waves, if the market runs within a month, Chen Fan's ability is often unable to see through the short-term market trend.

(End of this chapter)