legendary trader

Chapter 412 413 Arrangements

Chapter 412 413 Arrangements
As the Nasdaq continues to rise, Qualcomm also ushered in a round of buy orders on the disk, and the stock price was continuously pushed up by the buying orders, and soon broke through the 7 million mark and continued to rise.

"After the stock price rises to 7 yuan, we will buy less and let the buying of this stock vent, otherwise we will not be able to buy the stock, and the stock price of Qualcomm will go up." Chen Fan suddenly said to He Li and the others .

"Let them enter the market? Okay." He Li immediately replied that he understood what Chen Fan meant. He didn't want the stocks to rise sharply. Under the current situation, he could only let these purchase orders be traded. It was also a change of hands. The average cost in the post-sale market has also risen, which is also beneficial to the stability of stock prices.

"The Nasdaq has broken 2460 points, is this going to go directly to 2500 points?" Zheng Xiaopang interjected.

"I don't know where the funds are for this payment. It's too presumptuous. I wonder if there are big dealers in the market?" Chen Fan said with a smile.

"Do you think the main force will take action to suppress it?" Zheng Xiaopang asked curiously.

"I don't know. We don't even know if the funds are new funds. Maybe it's because the market forces are entering the market to buy stocks." Chen Fan said with an unchanged smile.

The rapid rise of the Nasdaq is of course unsustainable. When the Nasdaq broke through 2480 points, the market's buying power weakened significantly, indicating that this round of high market should come to an end temporarily. After the Nasdaq touched 2484 points The index finally began to turn around and look back downwards, looking for support.

However, at this time, Qualcomm’s stock price has been pushed to 7.22 yuan. Although the buying orders in the broader market have begun to shrink, Qualcomm’s buying orders have not decreased at all. It was just last week that they made a strong rush to let these new funds into the market know that this stock is a strong one, so until now, no one has the strength to enter the market to challenge the position of the main force in the market.

Now Qualcomm's stock price is at a historical high. Although most of the off-market funds are optimistic and have also bought stocks, in fact, these buying orders are very scattered, and there are no institutions that concentrate on buying in large quantities.

"The stock market has corrected by more than ten points, and Qualcomm's stock price is still rising, which is about to hit a new high." After waiting for a while, seeing that the market correction did not seem to affect the trend of Qualcomm's stock price, Zheng Xiaopang couldn't hold back , "I said, wouldn't retail investors also be able to buy up the stock price?"

"It's less than 7 yuan and 3. Let's take a look for now. I don't believe that these funds really need to be purchased regardless of the cost." Chen Fan shook his head. It will take a few more days of consolidation here to tamp down the bottom.”

After waiting for another period of time, when the Nasdaq rebounded to around 2460 points and started to bottom out, Qualcomm's stock price finally showed weakness around 7.3 yuan, unable to continue to rise, and fell back.

Seeing this situation, Chen Fan finally breathed a sigh of relief, and said with a smile: "In the next two or three days of operations, my idea is to accumulate a small amount of money at a low level, but the amount of buying must be controlled to prevent the market from losing liquidity. "

Having said that, Chen Fan paused slightly and looked at He Li.

He Li just nodded slightly, "I understand Mr. Chen's meaning. You can only buy a small amount of chips, and you can't buy too much, so as to avoid trading without stocks in the market."

"The stock price can be allowed to rise slowly, but it can't be pulled as violently as last week. As for how to operate on the weekend, we will talk about it later. It can't rise too fast before Wednesday."

After seeing He Li's statement, Chen Fan continued, "It is estimated that the market will continue to rise in the next two days. I am a little anxious to enter the market this time. I don't know where it comes from. It is estimated that the market trend will affect the performance of Qualcomm's stock price. You should pay attention, if the stock price is pulled up sharply, you can suppress it at a high level appropriately, but the amount should not be too much. Looking at today's transactions, it is not easy to collect chips now."

After sitting for a while, the market bottomed out around 2460 and then began to expand upward again, and the index began to rise slowly.

"The market is here again." Zheng Xiaopang said.

"Don't worry about the market, it looks like Qualcomm's popularity accumulated over the weekend should have been vented just now, and we'll take care of it when the stock price falls back," Chen Fan replied.

The Nasdaq began to rise slowly in the second half of the market. It did not appear the previous slow-to-quick crazy rise. Instead, it showed a volatile upward trend, which lasted until the close. The Nasdaq closed at 2 points, almost the whole day. Closed at the highest point, the trend is very stable.

After Qualcomm's stock price started to pull back from 7.29 yuan, although the market began to rebound and rise, it did not seem to be affected much. It continued to decline and fell to 7.06 yuan in the intraday session. However, He Li also started to buy stocks at this time In the end, Qualcomm's stock price closed at 7.18 yuan, up 0.21 yuan, or 3.01%, and the trading volume shrank by 1% compared with the previous trading day. The trading volume was less than 8 million shares, only more than 6 million shares. The transaction volume is RMB [-] million.

After the stock market closed, on the way back to the lounge, Zheng Xiaopang suddenly asked: "Do you have something to go these two days?"

"No?" Chen Fan turned to look at Zheng Xiaopang, wondering why he asked such a question.

"Then you said those things in the trading room earlier, I thought you didn't watch the market these two days." Zheng Xiaopang said in one breath.

"I got in touch with Zhang Yang on the weekend. Have you checked the trend of Bodao shares recently? The south side should have done it. My boy, the picture you made is really beautiful." Chen Fan said to Zheng Xiaopang with a smile, " So I don't plan to watch it so late in the past two nights, I have to rest early, watch the trend of the Shenzheng market during the day, and check the latest investment list by the way."

"Isn't it just pulling more than ten positive lines in a row? What's so interesting, I already knew they would definitely raise the stock price." Zheng Xiaopang said with a little disdain, "Our focus should be shifted to rice stocks. The domestic business .”

"Don't delay anything. Qualcomm's stock price is basically stable now. It's just an adjustment in the past two days, so it's meaningless to watch." Chen Fan smiled. After looking at the domestic stock market a year ago, Chen Fan didn't pay any more attention. Well, this time the company is making the investment plan for the second quarter. Of course, I have to make some snacks. I can’t just make money on rice stocks. It’s okay if the domestic business can’t be done.

"That's fine, it's up to you." Zheng Xiaopang didn't want to say anything more, anyway, Chen Fan had already made up his mind, and there was definitely no way to convince him. After several years of university, he still knew Chen Fan Afterwards, the two went back to their rooms to rest.

(End of this chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like