legendary trader

Chapter 437 438 Smashing 9 Dollars

Under Chen Fan's urging, He Li accelerated the action of raising the stock price, and Qualcomm's stock price began to quickly break away from the 10.5 yuan sideways area, and turned around and began to rebound.

At the beginning of the pull-up, they did what they thought. When the stock price rose from 10.5 yuan to 10.6 yuan, the selling orders in the market increased significantly, and a large number of stocks gushed out like a flood, which took a lot of effort It was able to stabilize the market, and as Qualcomm's stock price broke through 10.6 yuan, selling began to decrease.

Seeing that the selling orders began to decrease, He Li and the others breathed a sigh of relief, and continued to follow Chen Fan's instructions to start raising Qualcomm's stock price, and soon returned to around 10.7 yuan.

As the stock price reached the price specified by Chen Fan, He Li and the others gradually slowed down their actions, waiting for Chen Fan's new order.

Chen Fan also noticed their actions and understood what they meant, but now he needs to consider how to operate in the future, not only to stabilize the funds in the market, but also to pay the minimum price.

"Stabilize the stock price and let it fall slowly. The speed must be slow. If you can make a platform shock, it's fine. Now it's just a delay. If you can, sell some stocks on rallies." Chen Fan said after a little calculation in his mind .

"Are we placing the orders ourselves?" He Li suddenly asked.

"Yes, we put ourselves on the top and let those retail investors line up to trade. Our small order stabilizes the stock price and prevents it from falling rapidly. Our goal has been achieved." Chen Fan replied.

In the subsequent transactions, He Li and the others began to put their selling orders on the selling price above the stock price. When the market was consolidating in the morning, the stock market could reach a balance, but when the Nasdaq market fell, it was always It can bring out a lot of selling orders, but at this time, there is no other way but to hold the list to prevent the stock price from falling.

Taking advantage of the intraday rebound of the Nasdaq, Qualcomm's stock price will also rebound with the market. This kind of operation will not increase too much bargaining chips, and even control it well, and it can sell some stocks in a small amount.

The broader market showed a weak trend, and Qualcomm’s stock price lost its previous vigor. It looked old-fashioned until the close. At this time, Qualcomm’s stock price was still around 10.64 yuan. It should be said that Qualcomm’s operations during this period were still good. A balance has been basically achieved.

"Put it down a bit, sell some stocks, and close the market when the market closes." Chen Fan said suddenly, "We must show a little strength in the late trading, and then wash it, so as to give peace of mind to the funds in the market."

"Huh?" Zheng Xiaopang shouted in surprise, "Don't scare people away again, forget it."

But He Lizhen nodded, "Okay."

Seeing that He Li readily agreed, Zheng Xiaopang felt that maybe Chen Fan was right, otherwise He Li shouldn't have agreed so simply, and immediately shut up.

But watching Qualcomm's stock price decline, Zheng Xiaopang looked at the trend chart for a while and suddenly said to Chen Fan in a low voice: "It's better to pull the stock price back to the upward trend line instead of pulling back."

Chen Fan shook his head decisively and refused, "If it is pulled back, the stock price must reach at least around 10 yuan, so don't do this."

Seeing that Zheng Xiaopang was still staring at him, Chen Fan continued: "The market is red today. Our stock is in a good trend with such high and strong fluctuations. At least it is still rising. It is already far stronger than the market. Pull it up." I don’t know how many chips will be taken in, it’s not worth it.”

Seeing Chen Fan insisting, Zheng Xiaopang shut up decisively again.

Finally, after the closing of the rice stocks, Qualcomm’s stock price closed at 10.61 yuan, up 0.56 yuan, or 5.57%, and the turnover reached 9295 million yuan, becoming the largest single-day transaction in the past two weeks. If it is larger than this amount, The transaction volume was only around 6 meters when it was launched, and the transaction volume exceeded [-] million units in two days.

On the other hand, the Nasdaq Composite closed slightly lower, and finally closed at 2 points, down 583.50 points, or 15%, with a slight increase in trading volume.

This kind of graph is actually not a good phenomenon. There has been heavy volume and stagflation at the high level, and there is a suspicion of being a top. However, because it has just started, everything is not so reliable. Whether it is a top still needs time to observe.

At least Chen Fan knew in his heart that there was still a high point behind, but the high point was not that high.

After an ordinary day, on Wednesday afternoon, Chen Fan looked at the domestic Shanghai stock market for a while, and contacted Zhang Yang for a while, mainly because the stock price of Bodao shares started to move away from the original platform, and began to enter an upward trend .

At around 8 o'clock in the evening, Chen Fan and Zheng Xiaopang still appeared in the trading room on time.

However, when he was looking at the pre-market briefing, Zhang Quan suddenly ran over in a hurry. Although he was only in the next office, he came very quickly, which still caused quite a commotion.

Chen Fan was shocked when he saw Zhang Quan's appearance, there will be no sudden news.

"The Bank of England has raised interest rates." Without making Chen Fan wait, Zhang Quan said to Chen Fan after entering the room, and at the same time handed out a page of documents in his hand.

Chen Fan reached out to pick it up and asked, "25 basis points?"

"Yes." Zhang Quan replied.

There was not much content on the paper, so Chen Fan scanned it with two eyes, and then handed the information to Zheng Xiaopang.

"Have you told the traders below?" Chen Fan continued to ask.

"It has been notified." Zhang Quan replied.

Soon the information was passed on to He Li and the others, but they just took a look at the information and did not speak.

After Zhang Quan left, Zheng Xiaopang suddenly said: "Is it a good thing to take advantage of all the disadvantages?"

"Uh..." Zheng Xiaopang's words made Chen Fan choke for a moment, he didn't know what to say, but he also noticed that He Li's eyes suddenly lit up, as if he agreed with Zheng Xiaopang's words.

"You think it's feasible?" Chen Fan asked curiously.

"It's hard to say, but this news is only following the interest rate hike in the United States. The impact on the market is already very small. It's not wrong to say that it's all bad news." He Li said with a frown, but he was obviously not sure. Colleagues whispered to each other.

"Ask the leader of the trading team to immediately ask the traders below for their opinions and report back." Chen Fan said to Zheng Xiaopang.

The situation quickly came together, and about [-]% of the traders had similar thoughts to Zheng Xiaopang. They felt that the rice stock market might be a little volatile today, but there is a high probability that it will be a day's market, and then it will go well again. After all, the market had expected such a situation, and now it is easier for the boots to land.

Looking at the time, the market is about to release the opening price, and Chen Fan is not in a hurry, "Let's wait a bit and see how the market opens."

"What about our Qualcomm? Try not paying the bill?" Zheng Xiaopang said suddenly.

"Forget it, just wait and see if other funds in the market will take action." Chen Fan finally shook his head and said.

Soon the call auction time passed, and the opening data of stocks and the broader market were continuously refreshed. As expected, Qualcomm’s stock price opened higher, but the trading volume was not large. It directly opened at 10.73 yuan, an increase of 0.12 yuan. .

"There are still funds that are not afraid of death." Chen Fan exclaimed, the bad news came out, but the market didn't react much.

"Maybe not many people in the market know about it now. Except for institutions, most other investors probably don't know the news yet." He Li said suddenly from the side.

"It's possible." Zheng Xiaopang also echoed.

However, He Li's next words directly refuted his previous statement, "It's not true, it is impossible for the news from England to be unknown to the rice stock market until now, unless it is an Asia-Pacific country, it is still possible."

"Don't worry about that, our current operation is to start shipping after the opening of the market. Yesterday we failed to achieve our goal, and we got a lot of bargaining chips in our hands. Today we pour them all out and kill them hard." Chen Fan waved his hand with a smile. Cut them off, and set the job for tonight in one sentence, which is to ship goods and suppress Qualcomm's stock price, regardless of what the market is like.

Soon, the rice stock market entered the period of free trading. After the opening of the market, the Nasdaq showed a fluctuating upward trend, and Qualcomm’s stock price also experienced a short-term surge, and soon rushed to 10.8 yuan. However, seeing the above point Poor trading volume, Chen Fan knew that this stock would not have the strength to go any further.

"Go to work." Chen Fan just said lightly.

Following the trend of market volatility and rising, He Li and the others started today's shipment action, continuously placing small sales orders and throwing them to the market. Qualcomm's stock price also began to pull back as the selling orders continued to appear.

Tonight's goal is very clear, so He Li and the others didn't hold back. Yesterday was to make graphics and enter the market to protect the market when the market weakened. Now they have no scruples. It's done, the work is still very simple, to create panic, just sell and sell.

Soon, Qualcomm's gap was filled, and as the stock price continued to fall, buy orders continued to appear in the market, but the orders were scattered, so He Li and the others didn't need to make big orders, just small orders one by one. Just hit throw.

But when the Nasdaq rose and fell back, the buying orders in the market obviously began to decrease, and the Nasdaq market began to pull back as a whole.

Fortunately, the goal was clear at the beginning. At this time, He Li and the others had already taken the lead in the market, and they could continue to ship to the buy orders below. Qualcomm's stock price continued to decline, and without funds to protect the market, it fluctuated all the way down. , and soon fell below the support level of 10.5 yuan, the last trading day.

With the loss of this psychological price, the decline of Qualcomm's stock price began to show signs of accelerating, but Chen Fan didn't care about this, and still urged He Li and the others to ship.

Seeing that Qualcomm's stock price has been falling all the way without a rebound, Zheng Xiaopang on one side was a little uneasy, and whispered to Chen Fanshu: "Is there a rebound? It's been such a negative decline along the way."

"Don't do it, I will take action when it falls below 10 yuan, but today's closing price will fall below 10 yuan. It is best to break through 9 yuan in the next two days. It can't fall too fast, but it can't fall too much, otherwise It can't scare anyone." Chen Fan said cheerfully to Zheng Xiaopang.

"One step per day?" Zheng Xiaopang asked back.

"One step at a time." Chen Fan gave an affirmative answer.

Without support, Qualcomm's stock price fell to around 10 yuan in less than two hours. According to Chen Fan's intention, He Li began to organize a certain amount of resistance here. After all, what they want is for people to enter and others to exit, and they need to change hands .

The 10-meter platform lasted until late trading, and He Licai exerted all his strength to continue to hit the market. Qualcomm’s stock price finally closed at 9.87 yuan, a sharp drop of 0.74 yuan, or 6.97%.

And the trend of the broader market is not good. It also fell all the way after touching the high point in the session. It closed at 2 points, a drop of 507.28 points, or 76%. Resistance, it seems that there is still room for further decline.

After the market closed, Chen Fan said with a smile: "Tomorrow, or tonight, it is estimated that rice stocks will continue to fall, so it won't be awkward for us to smash the market."

"What if the market doesn't fall? This time you are imitating the trend of the market." Zheng Xiaopang said on the side.

"If the market rebounds, let's just pull it up a little bit. Anyway, we can guarantee that the stock price will fall." Chen Fan said indifferently.

However, the price of rice stocks on Thursday turned around unexpectedly by Chen Fan. The Nasdaq Composite Index fell after the market opened, and it was still in the same trend as the previous trading day.

Under such circumstances, Chen Fan directed He Li and the others to continue to suppress Qualcomm's stock price, and everything went very smoothly.

It seems that it should not be difficult to smash Qualcomm's stock price below 9 yuan today. In fact, it is exactly the same. After more than an hour after the opening of the market, Qualcomm's stock price has fallen to around 9 yuan, and there are very few buying orders in the market. So Chen Fan intends to trade sideways again here to attract new funds to enter the market to buy stocks.

At this time, the Nasdaq has already fallen below 2500 points, and it is now trading sideways above 2450 points. It seems that it will enter the downward trend again at any time.

However, today's market decline seems to have come to an end. Around 2450 points, there were a lot of buy orders in the market. With the support of these buy orders, the Nasdaq index was still stubbornly consolidating despite being suppressed by short sellers several times. At 2450 points, although it will occasionally fall for a while, it will be pulled back soon.

The market is stuck in a bull market.

"Has the bad news been digested?" Chen Fan asked suspiciously when he saw the trend of the Nasdaq.

"The market looks like it can't go down. It may have stopped falling. It should be the main force of the market. Look, the big stocks are a little bit defensive." Zheng Xiaopang answered.

Chen Fan looked at the current stock price of Qualcomm, it was still at 9.07 yuan, and the lowest point in the session today was also 9.01 yuan, which did not meet his requirement of falling below 9 yuan.

"He Li, use big orders to smash down Qualcomm's stock price, wherever you want, we will withdraw as soon as there are big orders coming in." Chen Fan suddenly said to He Li.

"Okay." He Li didn't say anything else, and immediately started placing orders, smashing Qualcomm's stock price down.

According to Chen Fan's intentions, He Li used a large sell order of 9 shares to hit the 9.07-meter mark. After several consecutive orders were issued, Qualcomm's stock price plunged from 9 yuan and fell below the [-]-meter mark.
(End of this chapter)