legendary trader

Chapter 484 Chapter 485 Lighten Up
A beautiful upward channel appeared, and the popularity increased even more. Many people who were skeptical before also began to waver.

The trend of Qualcomm last weekend was very ugly. It was very similar to the fact that the banker was fleeing. Some hot money had already chosen to leave the market under such a trend. Some people made a small profit, but many people left the market at a loss. of.

For them, only when the trend is good can they continue to hold it. Once the trend turns bad, they will leave the market immediately without any hesitation.

But in just one weekend, Qualcomm's disk changed again.

The trend of last weekend was wiped out, showing the sharp upward style some time ago, as if mocking the funds that left the market, you were washed away by me.

Although Qualcomm stock has not yet been squeezed into today's price increase list, although it has risen, the increase has been limited until now. There is no limit to the increase in rice stocks. Almost every day there are stocks that have risen by more than ten points or more. If you want to be on the list , If there is no increase of ten points, I am embarrassed to stay there.

The trend has been weak for two consecutive days, and the trading volume has also declined. Qualcomm is no longer among the popular stocks.

However, there are still a lot of funds paying attention to this very strong stock in the early stage, especially when the Nasdaq continues to rise, many people regard Qualcomm as the main force of the market, and want to judge the direction of the market through the trend of Qualcomm.

The Nasdaq finally turned red again, because the index stood at the opening point, which had a particularly large impact on these people, because Qualcomm changed its weakness in the previous two days and was making efforts to rise.

From the perspective of the role of risk indicators, Qualcomm's rise is not sudden, it actually represents the main force of the market, what are the main players who are really manipulating the market thinking.

The rise in Qualcomm's stock price represents that the main force of these markets is going to go up the market, so it is not surprising for them to see that the Nasdaq has finished its adjustment and restarted its upward trend.

Chen Fan had forgotten about this. Now he saw that the Nasdaq began to rise, and the other two major indexes in the United States also stepped out of the same market, and they kept hitting new highs, especially the Dow, which has the longest history and the greatest influence in the United States. At this moment, the journey to new highs has finally begun. Last weekend, it actually touched a new intraday record high. Today, it continued to rise after the opening of the market, and the intraday highs continued to be refreshed.

The popularity of the rice stock market has reached a peak at this time, a large number of investors are bullish about the market outlook, and the market's buying interest is gradually increasing.

"Notify the trading team below to reduce the position by [-]%, and proceed as soon as possible." Chen Fan suddenly ordered Zheng Xiaopang who was doing nothing beside him. Now he is a little lazy and doesn't want to do everything by himself.

Zheng Xiaopang didn't have any ideas at all, and immediately began to issue instructions to the people below, but he didn't react until after sending the instructions. Now he didn't use his mind to understand Chen Fan's orders, and now he's belatedly aware of them.

"Is the rice stock going to the top?" Zheng Xiaopang approached Chen Fan and asked in a low voice, his eyes full of doubts. Obviously, if the current price increase of the rice stock has peaked, then how meaningful is this big action? Although the money seems to be earning a lot, what's the point.

"Don't ask about this first, just ask." Chen Fan replied jokingly. Now he is not sure whether there is a chance in the future market, so he will not give a positive answer, and take it one step at a time.

"In addition, notify the futures trading team to speed up the liquidation. Now they are a little slow to close the position."

Chen Fan continued, although the futures trading team has been closing positions since the market opened today, Chen Fan feels that they seem to be hesitant and move very slowly.

It should be to wait for the market to go higher and close the position at a higher position.

Chen Fan can only understand it in this way at the moment, but understanding is understanding. The order that should be issued is still to be issued, and the funds should be withdrawn as soon as possible. It's nothing more than changing positions, changing stocks to hold that's all.

Chen Fan stared at the trading data for a while, and saw that the selling orders started to blow out, and the traders below had already started to do it, but they were all very careful, they were all small orders, and they probably were afraid that the orders would be too hard to suppress. After all, it seems that the market is still on the rise. If you quickly lose all your chips, you may lose a higher price later.

Chen Fan didn't care about this, but he also understood that the traders did not let them liquidate their positions, but only sold out [-]% of their positions, and there were more to do later, which also showed that the market was not so bad, that is, there was a technical correction request.

The continuous rise last week has accumulated huge profits. Traders understand that it is appropriate to sell a little stock to sell high and buy low.

The key point is that the operation is also beneficial to them. The stocks they are responsible for earn more, and they can get more commissions, so they are very responsible for their work.

Chen Fan paid attention to it for a while and then stopped watching. There is nothing to say, just check to see if he has met his requirements before the market closes.

The short-term top of the rice stock has already appeared, and he has done what he should do. Now it depends on the luck God has given him, whether he can successfully sell all Qualcomm stocks at a high position. Now Chen Fan is most concerned about the situation of Qualcomm. If you successfully take advantage of this market rebound to sell stocks, how much can you sell?

The upside of the Nasdaq showed weakness after standing above 2630 points. After the upside was weak, it turned into a correction and consolidation. There was no strong washing trend in the middle of the continuous rise. The arbitrage began to increase gradually after the index stagflation, and when the index began to pull back, selling orders reached a climax.

A large number of selling orders crazily suppressed the market. The bullish market just now seemed to be frozen, but fortunately, a lot of buy orders were accumulated at the bottom, and the trading volume was greatly enlarged during the decline, but there was no The trend of rapid diving is just a callback, it should be said that the falling speed is relatively fast.

Although there is no stagflation trend in the market of Qualcomm, the atmosphere of the instant change in the market has infected the funds in the market, and the selling order has begun to increase significantly. Some funds believe that the market as a whole may need a wash to clean up the accumulated profits due to the continuous rise. , so the number of investors who sold first has increased, and they all want to sell before others to ensure the safety of their own funds.

"The pressure is a bit high, and they are all actively selling orders and shipping."

He Li nodded when he heard his colleagues' complaints, "The market is a bit unstable. It rose for five days in a row last week. Without decent adjustments, it is easy to concentrate and explode. No matter how strong the dealer is, it cannot withstand the power of the market."

(End of this chapter)