legendary trader

Chapter 653

Qualcomm’s stock price is already very close to the platform, and the buying is still tenaciously supporting the stock price. However, it is very difficult for the current buying orders to continue to rise in the face of the dense selling orders above. Every time they occupy a price, it takes time. a long time.

After watching a buy order eat up his last sell order at the price of 27.48 yuan, He Li knew that it was time to change the order.

Without waiting for Chen Fan to speak, He Li felt that the time was ripe and it was the time for the second drop, and he immediately signaled his companions to start placing orders and enter the market according to the assigned work.

Soon, Chen Fan noticed that the market of Qualcomm, which had been rising steadily just now, changed again. The wind direction changed suddenly in a very short period of time, the active selling orders in the market increased rapidly, and the stock price began to turn from rising to falling.

The decline this time was not as violent as the first time, and it was bottomed out directly with a rapid diving trend. Instead, it was pushed down by the selling price all the way, and the selling orders continued to enter the market, one price at a time to eat up the buy orders listed above .

When Qualcomm's stock price fell below 27.4 yuan, Qualcomm's market turned completely. Panic orders began to appear, and large and small sell orders began to enter the market and flee. But Chen Fan estimated that there should be quite a few.

But it’s useless to think about those now. Faced with these laundered chips, there is no need to take over for the time being. The stock price continues to decline. Except for those orders that have cruelly lowered the selling price by a few levels, most of the sell orders can only be placed there.

Qualcomm's stock price began to show an accelerated decline, and soon fell below 27.3 yuan. However, by this time, it was already close to the reserve price set by Chen Fan, but the selling in the market had just been stimulated. To protect the plate, He Li couldn't help fighting a cold war, it seemed that the suppression was a bit ruthless.

At this time, He Li remembered that Chen Fan was talking about diving, and diving meant that the stock price fell in a straight line, not a rapid decline at a steep angle.

Although diving and plummeting are both rapid declines in stock prices, diving can make the stock price fall quickly, without giving those stock sellers a chance to sell, and often the stock price has bottomed out before the other party has reacted. If you still want to ship, you can only get out at the bottom.

But this time, I seem to be a bit slow in suppressing the stock price, and gave time for those people to choose to leave the market, which triggered a lot of follow-up selling.

Under normal circumstances, this is not a big deal, but today's trading plan is not like this. In the end, the late trading will be opened. Now that these selling orders are attracted, the operation of the late trading will inevitably be affected.

He Li turned his head and glanced at Chen Fan with a guilty conscience, and saw that he was frowning and staring at the computer screen, which was obviously caused by the current change of the board.

Now to reverse the unfavorable situation, either we have to pay a certain price to carry 27.2 million yuan and complete the operation that Chen Fan explained, or we can only break the previous diving low of 27.18 yuan, and quickly jump to a lower price. In terms of price, let those sellers either choose a lower price, or give up the idea of ​​​​shipment.

What should I do?
He Li is now caught in a dilemma, but the market has not given him much time to think about this issue.

Just when he hesitated, Chen Fan finally spoke. Facing such a situation, Chen Fan had to make a decision because he didn't have time.

"Adjust it to around 27 yuan. It's better to keep it at 27 yuan. Hurry up."

Chen Fan spoke quickly without showing any emotion.

At this time, Qualcomm's stock price had fallen to 27.24 yuan. As Chen Fan gave up the idea of ​​making a bottom at 27.2 yuan, Qualcomm's stock price did not get the support it should have, and began to dive again.

With just a few price points and several big sales orders, Qualcomm's stock price changed from 27.24 yuan to 27.11 yuan.

"Below 27 yuan and 1, big buy orders began to be placed to support the market, speed."

With the same tone, Chen Fan quickly ordered.

Several traders knew that it was a mistake this time, and they almost got caught out. After Chen Fanxin's order came out, they quickly executed it without any discount.

With the rapid accumulation of buy orders around 27.1 yuan, it is also because the stock price has fallen too fast. At this time, there are not many stocks sold following the trend on Qualcomm's market. It was full of selling orders, and finally fell in place before these people sold.

But soon, the buy orders that had just been placed were sold, and many people still chose to leave the market. The two consecutive plunges in a short period of time, and the weak trend of the market today, made many investors feel the risk of the market and decided to It is best to go out first and avoid risks.

"Steady here, and after the sell order is over, start to pull up the stock price, and keep pulling it to the bottom for me."

Chen Fan suddenly said that today's operation was very bad, and it didn't reach the original plan at all. Chen Fan didn't know whether it was the series of changes brought about by his previous intervention or He Li and the others were a little drifting. In short, today was a very failure.

But I don't have time to think about it now, let's finish the transaction at the end of the day first.

Qualcomm's stock price bottomed out at around 27.1 yuan. Although there were a lot of selling orders at the beginning, in less than 2 minutes, as the buying orders piled up below became bigger and bigger, some investors with concerns Or gradually give up the idea of ​​​​shipment, and plan to wait and see, maybe the two consecutive declines are the dealer's wash?
After the market sell-off wave passed, He Li turned his head and looked at Chen Fan, who was about to say something, but Chen Fan ignored him and said directly: "Start pulling, go directly to 28 yuan, don't be too fast, attract followers, try to pull as much as possible." Sell ​​a little stock in the process of rising."

Soon Qualcomm's stock price began to turn around at 27.1 yuan, as if it was a replica of the rebound after the first decline, the stock price began to rise steadily.

"For those pending orders, you must be firm and don't hesitate to sweep the goods." Chen Fan looked at their operations, and felt that their operations were a little timid for the selling orders above, so he hurriedly added.

At this time, Chen Fan was a little free to look at the trend of the Nasdaq, which was 2897.63 points. When Qualcomm dived for the second time, the Nasdaq once again fell below 2900 points.

Damn, Chen Fan felt like the house was leaking and it was raining all night. No wonder he sold a lot of stocks in this fall. It turned out that the market also broke down at this time.

Chen Fan keenly grasped some information, but he just kept reminding himself in his heart that once he was bearish on the market and decided to clear his position and leave the market, he had to act one step earlier and leave before the market changed.

This may be Chen Fan's only harvest today.
(End of this chapter)