legendary trader

Chapter 606
When the stock price gradually fell by nearly 22 yuan, finally, hundreds of thousands of shares of buy orders appeared again on Qualcomm's market, but the market's confidence obviously cannot be reactivated by a little buying.

"Eat them." Zheng Xiaopang shouted immediately after seeing these lists.

After all, there was a bill of several million yuan on the disk, which could not be robbed by other funds.

He Li and others also quickly entered the sell orders into the market, and quickly smashed these buy orders. The stock price fell rapidly, but more and more buy orders below were also displayed.

"Don't stop, quickly eat up these orders." Zheng Xiaopang shouted from the side.

In his urging, Qualcomm's decline accelerated again, and the stock price easily broke through 22 yuan again.

"Mr. Chen, should we buy stocks here?"

In the trading room of Oak Capital, Lin Hong suddenly turned to Chen Fan and asked.

"I don't need it for now, I'll talk about it when it continues to fall." Chen Fan just shook his head slightly and replied in a low voice.

As the 22m yuan fell below, there were few buy orders below again, and the expected support funds still did not appear.

Obviously, it’s not that these funds don’t want to protect the market, but just feel that the current price is a bit high, and they don’t want to accept these selling orders at a high level, so they keep placing orders below, just to test the target position of the short sellers. Before the signal of no further suppression appears, the support funds will not enter the market.

Now the market has only opened for more than an hour, close to two hours, and there is still a long time left.

"Type down the small list and see if there is still a bill to pay." Zheng Xiaopang said with his small eyes wide open.

He Li and the others could only sigh slightly in their hearts, but the movements in their hands did not stop, and a small order began to rush down. After Qualcomm's stock price fell below 22 yuan, it did not appear as expected by investors. However, it continued to fall after the trading volume shrank sharply.

Now there is an infinite shortfall on the market, which is a very dangerous signal in stock trading, which means that this stock is very unpopular in the market, and no one enters the market to buy it.

But soon, when the stock price fell to around 21.6 yuan, tens of thousands of shares of buy orders appeared again below. Obviously, the support funds did not intend to give up the support, but the method changed, and it was no longer a high position. Instead of taking orders, choose to test where the bottom line of short shipments is, and keep placing orders at low positions to attract the other party to ship.

After Chen Fan saw that Qualcomm was dropped to around 21.6 yuan, he immediately said to Lin Hong and the others: "There is also a payment around 21 yuan."

"Understood." As soon as Lin Hong agreed, he immediately started placing buy orders below, waiting for the short sellers to continue to suppress the stock price.

Up to now, Qualcomm's stock price has fallen by almost 2.5 million yuan today, and the decline has exceeded [-]%. As a recent hot stock, Qualcomm is already at the top of the list of popular stocks, but today it is on the list of decliners. First.

"Mr. Zheng, do you want to continue to suppress?"

After eating the buying orders around 21.5 yuan, He Li suddenly turned his head and asked Zheng Xiaopang.

"It's a bit of a loss to continue to suppress, and it has fallen so much."

Zheng Xiaopang frowned at this moment and said, obviously, today's drop is a bit big, and it seems a bit of a loss to continue to sell down now, because he has been led by the nose by the funds protecting the market, and he wants to regain the initiative.

"We can ship here steadily, no longer continue to suppress, put up a small amount of orders, so that the bulls in the market can regroup, and we will do a backhand to pull up the stock price and continue to ship."

Seeing that Zheng Xiaopang was a little confused, He Li thought that he seemed to be lacking in trading experience, so he immediately reminded him.

"Okay, just do as you said, let's not smash it, just put up some orders here, and wait for the market's bullish sentiment to recover."

Zheng Xiaopang thought about it and thought it was okay, it has already fallen so much, there should be a demand for a rebound no matter what.

When Qualcomm's stock price starts to rebound, it is a good way to push a small amount and ship at a higher position.

Thinking about what we agreed with Chen Fan, there should be nothing wrong with doing this, since I'm fully responsible for it.

Immediately, there was a slight change in Qualcomm's disk again, but there were not many people issuing this time, and the selling orders above Qualcomm began to show signs of withdrawal. The chips are dwindling.

However, such small actions cannot escape the eyes of investors who are always paying attention in the market.

"Mr. Chen, Qualcomm's main players don't seem to want to continue smashing the market. They may want to let the stock price start to rebound."

Lin Hong uttered again to break the tranquility of the trading room.

"En." Chen Fan hummed noncommittally, but there was no follow-up reaction.

Lin Hong said that he has noticed that Zheng Xiaopang is canceling the order and does not want to continue to pressure the market, so it is obvious that he wants the market to rebound, so should he help push the small order?
Chen Fan tapped the table lightly, lost in thought.

However, the selling orders above Qualcomm continued to decrease bit by bit, and investors could not notice it in a short period of time. However, as time went on, more and more investors began to notice the changes in the market.

However, I found out that when others withdraw some orders, it doesn’t mean anything. It may be that they continue to suppress after the withdrawal, so most investors are still waiting at this moment, and have no idea of ​​​​doing it.

When Chen Fan made up his mind, Qualcomm's stock price was still hovering around 21.49 yuan, out of a small sideways trend.

"Lin Hong, push the small order to see if you can attract off-market funds to enter the market to help protect the market."

Chen Fan said suddenly, "If you can spend as little money as possible, you can spend as little money as possible."

In this place, the market has already gone like this. Chen Fan estimated that Zheng Xiaopang probably wanted to ship here, and he didn't want to continue to kill. As for what he told him, maybe he planned to execute it at the end of the market.

Thinking of this, Chen Fan shook his head slightly, reached out his hand to take out a cigarette and a lighter from his pocket.

"Smoking outside." Xu Jing, who had been silent after the rice stock transaction, said suddenly.

Chen Fan was slightly stunned, then nodded, got up and walked out of the trading room.

Xu Jing glanced at Lin Hong and Lin Hong who were trading, then got up and walked out the door.

"Click." With the crisp sound of the lighter, Chen Fan lit the cigarette in his mouth and took a puff.

"Xiao Chen, come here, my sister has something to ask you." Xu Jing whispered to Chen Fan, beckoning, and quickly brought Chen Fan to her office.

After entering the door, Xu Jing didn't go back behind her desk, but sat down on the sofa next to the door, motioned for Chen Fan to sit down as well, and asked, "What the hell are you and Xiaopang doing?"

(End of this chapter)