legendary trader

Chapter 408 Chapter 409
After the opening of the market, the Nasdaq rose to 2445 points and fell back. The intraday popularity began to collapse, and the trend of the Nasdaq began to weaken. After sweeping the strong trend of the previous two days, it began to hit intraday lows continuously. It fell to around 2410 points.

The Qualcomm stock price manipulated by Chen Fan and the others did not continue to push up like his previous whimsy. Instead, according to the original idea, after pulling up Qualcomm's stock price to around 6.35 yuan, they stopped buying, and then Qualcomm's stock price began to rise. It weakened and started a new round of sideways volatility around 6.3 yuan.

But this time it didn't last long, Chen Fan couldn't bear it anymore, because Qualcomm's stock price was running here, but there was still no significant increase in selling orders.

"The trading volume can't come out, what good way do you have to speed up our accumulation?" Chen Fan felt that it would not work to continue like this, so he asked a few people in the trading room.

For Zheng Xiaopang, Chen Fan didn't have any hope. He just wanted to see if the other two traders could come up with a way to activate the market and attract Qualcomm's selling orders.

Zheng Xiaopang just curled his lips in response to Chen Fan's question and didn't say anything.

He Li made eye contact with another trader, and finally He Li said: "It is said that the distribution of stock chips should be layer by layer, but Qualcomm's stock is special now because there is no longer a lock-in position, only profit-making positions are left. , So if you want to attract chips, the only thing you can do is to give them a profit margin, let them feel that the stock price has reached the peak in the short term, then these stocks will come out, wait for the stock price to fall back, and then enter the market at a low level to cover their positions.”

"You mean to raise the stock price substantially?" Chen Fan asked uncertainly.

"If there are locked-in stocks, there is no problem if we slowly push them up like this. Those locked-in stocks will slowly come out, but now Qualcomm is already at a high price, and there is no locked-in market, so there is no point in continuing this slow rise." He Li simply said straightforwardly.

"If the current price increases by [-]%, can those stocks be activated?" Chen Fan understood He Li's meaning after a little thought, so he asked directly.

"There will be some effects, but it may not be ideal." This time, He Li did not answer right away, but discussed with his colleagues in a low voice before replying.

"How much do you think is appropriate?" Since Chen Fan opened his mouth, he asked directly.

"At least forcefully pull it to 7 yuan, let those attracted sellers smash the stock price, we just follow the trend and take over." He Li and his colleagues looked at each other before saying.

"No, how can you pull so much at once." Zheng Xiaopang jumped up at once. This is to directly increase Qualcomm's stock price by 1 yuan. The cost increase is too fast, and the loss is a bit big, so it is the first He jumped out to object for a while, because he knew that once Chen Fan thought it was feasible, there was no way to stop him, so he expressed his attitude first, hoping that Chen Fan would think about it more.

But obviously his abnormality did not attract Chen Fan's attention, but he was silent for a while before he said: "You want to go to 7 yuan, so that those sellers who want to reduce their positions on rallies feel that the stock price is at the end, choose to start Sell ​​stocks?"

"Yes, to deal with these profit-making orders, we must either use time to grind them slowly, or pull them up to give them a satisfactory profit margin." He Li replied hastily.

"But it's too much for you to reach 7 yuan." Zheng Xiaopang hurriedly said again, but before he finished speaking, he was interrupted by Chen Fan waving his hand.

"A 7% premium to lure them out, can the final closing price be controlled around 7 yuan? It's best not to exceed [-] yuan." Chen Fan obviously accepted He Li's idea, so he said.

At this time, Zheng Xiaopang had no choice but to stare blankly, he could only sit there angrily and stopped talking.

"It depends on how the funds in the market do. If they are strong enough to catch the selling at a high level, the stock price will definitely not come down." It is also collecting Qualcomm stocks. After a large number of Qualcomm stocks are thrown out, it is difficult for people to refuse this huge temptation.

Chen Fan saw that the NASDAQ was still oscillating around 2420 points, and it should not attack upwards again in the short term, so now seems to be the time to pull it up.

Soon Chen Fan made up his mind and said to He Li: "Then do as you say."

They didn't say much, after all, they were the experts in this field, Chen Fan wouldn't go overboard and point fingers, just wait and see the result.

Although it seems that the stock price has been pushed up very high, he knows in his heart that in terms of the future increase of Qualcomm's stock price he has seen so far, 7 yuan and 5 yuan is really not expensive, and it should be a very cost-effective deal, as long as he can get more shares , it is not a loss to do so.

"The opportunity is good now, so we will start to raise the stock price." He Li said hastily, and then he and another colleague began to quickly place buy orders in the market, pushing up Qualcomm's stock price.

Zheng Xiaopang watched for a while, and felt that since the objection had failed, he had to accept his fate, and he also began to operate buy orders to enter the market to grab funds and help drive up the stock price.

Almost in an instant, the originally calm market of Qualcomm stock became lively all of a sudden. First, tens of thousands of shares entered the market to eat goods, and the stock price was quickly pulled up to 6.47 yuan. But at this time, the rhythm of buying and entering the market suddenly seemed to be Just like pressing the pause button, those [-]-share buy orders disappeared in an instant.

The sudden change in the market once again made market followers nervous for a while, not knowing what happened, but soon the hundreds of thousands of sell orders near 6.5 yuan were swept away by two consecutive buy orders of hundreds of thousands of shares Short, Qualcomm's stock price began to accelerate to rise.

At this time, all investors who paid attention to Qualcomm discovered that just now, Qualcomm's market has undergone tremendous changes. People are dumbfounded. Although they don't know how Qualcomm will go in the future, the word "topping" has unconsciously appeared in many people's minds.

This time, Qualcomm's disk continuously issued large buy orders of more than 6.7 shares. The stock price began to hit straight up, sweeping away all the selling orders that were placed on the way up. Once caught in the adjustment.

However, this adjustment is similar to the previous one at 6.5 yuan, and the intraday pause only lasted for more than ten seconds, and a new round of rising trend started again with the influx of a large number of buying orders.

Soon, Qualcomm’s share price was like a runaway wild horse, crazily rushing to below 7 million yuan. In the short term, almost all indicators were in an overbought state, but Qualcomm’s stock price also began to fall into adjustment again near 7 million yuan. This adjustment seems to have not exceeded most of your expectations, and the consolidation lasted much longer than the previous few times.

Looking at Qualcomm's market now, selling orders began to pile up rapidly at various price levels above, and the accumulated selling orders are still increasing.

As for the purchase price below, except for the price selected by the raised funds, there are still tens of thousands of shares of buy orders that have not been traded, and there are scattered small buy orders on other purchase prices. Some people entered the market to chase after Qualcomm's stock price soared.

Investors who have been involved in the rice stock market for a long time are not surprised by these hat-snatching players. It would be abnormal if there were no short-term players involved in the hype for such a sharp rise in Qualcomm’s stock price.

However, players who dare to enter the market for short-term speculation are also very powerful. Not only do they need a certain amount of capital and a certain ability to withstand losses, the key also needs to include information collection, technical support, etc., which are far beyond ordinary investment. People, and even the channels of some players are comparable to those of large investment companies.

Of course, there is also the hardware. They spend money regardless of the cost, buying the most advanced and fastest computers and data transmission services at the same time. It should be said that this kind of short-term speculators began to exist after the stock market existed, and this subdivision industry was born almost at the same time as the stock market.

After consolidating below 7 meters for a few minutes, Chen Fan didn't know what the purpose of He Li's operation was, but this was not the time to ask questions, so it was good to just watch quietly. It was Zheng Xiaopang Several times I wanted to place an order again, but He Li temporarily stopped me and said to wait.

Soon, Chen Fan noticed that the selling orders kept piling up above. The selling orders of tens of thousands of shares were already small selling orders at the moment. The sale order of [-] shares, at this moment, Chen Fan thought a little belatedly, it should be waiting for the seller who wants to sell the stock to make a choice, but the timing of this time is very delicate, if the waiting time is long , it is possible to make a wedding dress for others. If the time is short, you may lose a lot of bargaining chips.

Chen Fan didn't know what He Li's and the others' judgment was based on, but they probably relied on their feelings. At this time, it is impossible to have any technical indicators that can guide the transaction, and they can only rely on their own feelings.

Sure enough, after a minute or two of small trading around 6.97 yuan, He Li suddenly started placing orders again to sweep away the selling orders hanging above.

The buy order this time is still the previous online sweep ranging from 10,000+ shares to hundreds of thousands of shares, but Chen Fan still feels that the number of transactions on the transaction details seems to exceed the purchase order entered by the three of them quantity.

Although it was a feeling, Chen Fan had always trusted his own feeling, so he didn't want to observe and confirm it at this time, so he said loudly: "There should be funds competing with us, and your list can be increased."

Qualcomm's stock price immediately entered the explosive mode again after the consolidation around 7 yuan. The stock price released a huge amount and hit upwards. Compared with the previous trading volume, the intraday trading volume is constantly being refreshed.

7.1m yuan, 7.2m yuan, 7.4m yuan
He Li and his group's buying only lasted until 7.42 yuan and then began to slow down significantly. At this time, Chen Fan had also noticed that it seemed that during the process of this pull-up, the peak value of the trading volume appeared between 7.1 and 7.3 yuan Now, as the stock price continues to rise, the selling orders above have begun to decrease significantly. I don't know if it has not had time to list it or what.

However, as their active buying orders decreased, Qualcomm's wildly rising stock price gradually calmed down, and the rising speed was no longer so violent, but the large buying orders that appeared from time to time during the day still kept sweeping the selling orders above.

"Mr. Chen, that fund is still following up." He Li said suddenly at this moment. Obviously, these big purchase orders should be made by that institution. It is to shrink back, but to follow up with a large order to sweep the goods.

"Don't care about them, we should be the boss in Qualcomm's plate now." At this time, Chen Fan had put out his thoughts of getting rid of them, and it seemed that the other party's analysis of Qualcomm's stock price seemed to be consistent with his own judgment.

However, Chen Fan also knew in his heart that in fact, he had no judgment at all, but only based on the future stock price information obtained in some unexplainable ways.

I don't know if the other party's trader really thought of going with them. To be precise, it should be that after He Li and the others stopped scanning the goods, their follow-up buying disappeared quickly, but it is very coincidental. , Qualcomm's stock price began to pull back after hitting 7.5 million yuan, and lost the purchase orders of the two major institutions. Qualcomm's stock price finally lowered its high head and began to pull back to the bottom.

The trend of the Nasdaq is still sluggish, still fluctuating around 2420 points, and there is no sign of restarting the upward trend.

At this time, Qualcomm's stock, which was still enjoying great prosperity just now, also began to weaken. In less than half an hour, Qualcomm's stock price soared from 6.32 yuan to 7.5 yuan, an increase of nearly [-]%. Knowing where it came out, seeing the stock price start to pull back at this time, the holders of the stock didn't want to wait for a high price anymore, and began to sell their stocks to the market one after another.

At this time, He Li and the others were not idle, but began to place small buy orders below the transaction price, pretending to follow up with retail investors, and kept putting out buying orders to take in more bargaining chips. The bargaining chip can't prevent the stock price from being continuously suppressed by selling orders. This kind of operation is also very troublesome, because not only they are doing this, but the other funds seem to be doing this as well.

But fortunately, none of them added buy orders to the price that is being traded, but placed orders at the price below. When both parties placed buy orders at a certain price at the same time, they saw that the buy order at this price was a bit too large, and the two parties still had a tacit understanding Withdraw some buying orders little by little, keep the buying order below to support the stock price not to fall rapidly, and prevent those holders who want to sell the stock from giving up selling the stock because the stock price falls too fast.
(End of this chapter)