legendary trader

Chapter 436 Chapter 437 High Shock
The Nasdaq has been showing a strong sideways posture above 260 points, refusing to continue to fall, and the share price of Qualcomm pushed up by He Li and the others is maintaining an upward channel and constantly hitting new highs, 10.3 million yuan and 10.4 million yuan
Under the steady upward trend, most of the investors with unstable stock holding confidence have put off their plans to sell stocks at this moment, wanting to wait for a good price before selling, and Qualcomm's disk has begun to enter a situation of rising prices and shrinking volumes.

This is a very good phenomenon for He Li and the others who are pushing up the stock price. They can push up the stock price without much effort. The momentum of the bears has increased the panic in the market. As for whether they can sell at a good price, it depends on themselves.

After consolidating above 2600 points for a long time, the Nasdaq has gradually accumulated a long-term strength, and began to try to counterattack, trying to bring the market back to the upward trend.

Chen Fan didn't know whether this rise was planned by the main force of the market or initiated by the funds in the market, but seeing the poor trading volume below, he had no confidence in this rise at all.

The Nasdaq continued to rise after recovering to 2610 points, and the trading volume finally began to increase to a certain extent. However, in Chen Fan's eyes, this was nothing more than the trading volume made by some funds with a high risk preference for tentative positions. May affect the market trend.

In fact, the market is now faced with major economies that want to follow up with interest rate hikes. The best operation is to pretend to be an ostrich and do nothing. If possible, the market should be allowed to fall back.

However, soon Chen Fan also noticed that more and more stocks seemed to be joining the rebound, and the market sentiment was obviously still bullish overall.
Chen Fan couldn't figure out why this happened, but he didn't have much time to think about the reason, because at this time, Qualcomm's buying orders also surged, and a large number of buying orders rushed into the market. The stock price continues to rise, and it is already close to the pressure level of the upper track of the upward channel. If it continues to rise, the upward channel will obviously be broken. At that time, only the lower track of the channel will remain intact, which can be regarded as an upward trend line.

However, Chen Fan didn't want to stop it. After all, he wanted to rush today. Although he didn't know how He Li and the others would do it, Chen Fan didn't intend to ask He Li and the others for advice at this time.

"Pull up the stock price and don't maintain the channel." Chen Fan simply said to He Li.

I don't know what He Li and the others think, but he still followed Chen Fan's intention and started to place a lot of buy orders in the market, quickly sweeping away the suppressed selling orders at several prices on the upper track of the channel, and the quick buying accelerated The speed at which the trend line of Qualcomm's stock price rose, the trend line finally broke through the upper track of the upward channel, and the stock price at this time was 10.63 yuan.

After starting to break through, it is obvious that this time is not an idle time. He Li and the others began to quickly enter the market one after another, leading the stock price of Qualcomm to continue to rise, 10.7 million yuan to 10.8 million yuan
At this time, Qualcomm's stock price seemed to be a wild horse that had run wild, soaring wildly, and soon entered the bottom of the price increase list. Although the ranking was still relatively low, thousands of stocks in the rice stock market could be ranked in the first edition. That is also very powerful.

The rapid rise of Qualcomm has also attracted the attention of a lot of funds. The higher the stock price, the later the pursuit of buying orders has not decreased, but more and more trends. Chasing ups and downs is the mainstream of the financial market. Although it is cast aside, but But was never given up.

After Qualcomm's stock price passed through the intensive trading zone between 10.6 and 10.8 yuan, the selling orders above it have begun to decrease significantly, and those orders should be put up by some investors who set profit stop positions.

There is no shortage of crazy speculators in the market, but they are not completely irrational. At least many people still know to set a profit stop position after participating in the hype. This is just some people.

More people are still more willing to stick to the end and ship when the stock price peaks. As for how to sell, the fool knows, of course, it is against the buying.

Seeing that the selling orders above began to decrease, when Qualcomm’s stock price rose to 10.9 yuan, the selling orders above began to increase gradually, and there should be a new round of selling waves at 11 yuan.

"It's almost done, don't scan the 11 yuan order, and dump the goods out." Chen Fan said suddenly, seeing that there are a lot of buying orders in the market now, it's time to wait if you don't leave now.

As Chen Fan's words fell, He Li and the others nodded and began to sell the market one by one, and the number of stocks sold also changed from small to large. The main reason was that they didn't want their actions to be discovered by the market soon, so The shipment was relatively gentle at first.

As Qualcomm's stock price was driven up by the inertia of buying orders, He Li and the others kept selling orders to reduce their positions. The crazy rising stock price finally couldn't hold on at 10.95 yuan, although there were still a large number of stocks. Buyers entered the market to scramble for funds, but at this time He Li's selling order had been enlarged to tens of thousands of shares, and the rapid shipment suppressed the urge for the stock price to continue to rise, and Qualcomm's stock price began to fall.

At the beginning, the market should not have noticed it, and only thought it was a profit-making order attracted by the rapid rise of the stock price. However, as the super-large selling orders of 10,000+ shares and hundreds of thousands of shares entered the market, Qualcomm’s stock price was quickly smashed through. After 10.9 yuan, it continued to fall, and when the big intraday buying almost disappeared, market participants finally realized that this was the main force selling. Although I don’t know whether it is suppressing or selling, the stock price must have no chance to continue to rise now. Yes, at least in the short term.

The previous follow-the-trend buying orders turned into selling orders in an instant, and the market trend suddenly changed.

When the selling orders started to increase, He Li and the others have increased their selling efforts. Not only are the selling orders bigger, but the stock price is extremely low. They want to rush ahead of others and wipe out all the buying orders that can be seen in the market. .

The trend of Qualcomm's stock price was completely reversed, and it began to fall at a speed similar to the rising speed. 10.8 yuan soon fell below. With only a few sell orders of hundreds of thousands of shares, Qualcomm's stock price approached 10.7 rice yuan.

Seeing He Li's crazy shipments, although they sold a lot of stocks, the stock price trend of Qualcomm is already very dangerous. This is not what Chen Fan wants to see. He has no plans to let the market collapse like this today. go down.

"At what price do you plan to stop the decline?" Chen Fan asked suddenly.

Although He Li was busy shipping, he still replied immediately: "Until the channel goes down, keep the upward trend line, and you can keep today's market up."

Chen Fan visually estimated that Qualcomm's current upward trend line is around 10.5 meters, and there is still a little room. Then I think these shareholders who are still in a hurry to sell goods will soon be able to temporarily stabilize their confidence in holding shares.

After all, the upward trend is still there, and there are still opportunities for holding shares to rise. No, as long as the stock price has the opportunity to continue to rise, then they will not rush to leave the market.

10.7 yuan fell, and Qualcomm's stock price began to rush to 10.6 yuan. However, at this time, He Li and the others had begun to reduce the number of selling orders. It was no longer a dozen or hundreds of thousands of shares. A sell order of tens of thousands of shares was placed, although it was still very large, but the momentum was much weaker than before.

However, the rate of stock price decline did not slow down because they reduced the number of sales, because at this time, those follow-up selling orders began to have a chance to be traded, and most of the previous buy orders in the market were taken away by He Li and the others.

When the stock price fell below 10.6 yuan, He Li and the others had stopped selling stocks and started placing orders to buy stocks. It was around 10.6 yuan, and they wanted to support Qualcomm's stock price again and pull it back to 10.6 yuan. .

At this time, the trading volume began to explode. The buy orders piled up below and the buy orders that He Li and the others kept entering the market matched the pouring stocks. Qualcomm's stock price began to fluctuate repeatedly between 10.56 yuan and 10.59 yuan.

However, at this time, there are fewer buying orders and more selling orders, so after temporarily stabilizing the stock price, He Li and the others still chose to fight while retreating. They only need to hold the stock price around 10.5 yuan. Investors in the market will find that the upward trend line of Qualcomm's stock price is still there, and the main force of the market is still there. Although there will still be funds leaving the market, it is only a part after all.

And after this turmoil, the funds on the sidelines may think that the stock has undergone a wash, and a new round of gains will start after the wash.

Although this guess is not wrong, the time, the time to start the market, is not within their control. This is the advantage of the market maker. He can rise whenever he wants. If the market environment does not cooperate, he can postpone the plan .

However, the market seems to be struggling with them. Just when Qualcomm’s stock price has stopped falling around 10.5 million yuan, the market’s selling orders have begun to decrease, and many stockholders have noticed that there are strong buyers here to intervene in the market. , and this is precisely the lower track of today's rising channel, so there seems to be a little change in the market that seemed to be bearish before.

Was the previous pull-up caused by new off-market funds entering the market to absorb goods?Is the main force of the market just keeping the stock price running along the upward channel, just like yesterday?
Various speculations began to circulate in the minds of investors who were concerned about the operation of Qualcomm's stock, but at this time, Chen Fan didn't have the time to think about what others thought, because the Nasdaq index fell below the 2600-point mark.

The market broke down again, causing a huge chain reaction. Many shareholders who were not so firm before began to sell their stocks again. Of course, only a small part of them were Qualcomm stocks. After all, Qualcomm Stocks are not everything in Migumi.

But reflected in Qualcomm's disk, the number of stocks sold has increased again.

He Li and the others are now constantly investing in big buying orders to support the stock price and prevent it from falling below the upward trend line, but there are too many stocks selling at this moment.

When Chen Fan saw such a scene, his heart tightened. Although he didn't lack funds, he couldn't stand the market crash. We can't let the confidence of those shareholders continue to collapse. We must let them regain their confidence in holding stocks, otherwise, what are you doing for yourself? I don't want to take over their profit chips here.

Continue to let Qualcomm stock price fall?
This option was quickly eliminated from Chen Fan's mind, and the consequences were really bad. The current concession may even completely collapse Qualcomm's current good situation, which is absolutely not advisable.

Once market participants lose confidence in a certain stock, that is the most terrifying thing, and you can't play like this at all.

Then the only option is to pull it up, pull up the stock price again, and reassure those people, at least temporarily.

Without too much hesitation, Chen Fan said in a low voice: "Put the stock price up to 10 yuan, and you can't continue to be beaten at a low level."

Chen Fan's words shocked Zheng Xiaopang and He Li. At this time, Chen Fan actually asked them to start raising the stock price. Isn't this just in line with these people's wishes?
As the stock price rises, will those who are still hesitating reduce their positions on rallies?

No one did anything, and even the buying orders to protect the market temporarily stopped. Fortunately, the wave of selling orders caused by the breakout of the market has passed. Now the selling orders are relatively small. Many sellers choose to list their stocks at the top, hoping to Someone took the goods.

However, the previous wave of stock selling has passed, and as the market continues to fall, when will the second wave and the third wave come again?
no one knows.

Although he was a little uneasy, He Li and his colleagues looked at each other and started placing orders, intending to use buying orders to push up the stock price bit by bit.

Seeing that the big sell orders above are still there, but the phenomenon of accumulation of buying orders began to appear below, and only a small number of active buy orders are eating up the selling orders above.

"Make big moves, I want to affect the board, and try to be as strong as possible." Chen Fan suddenly spoke again.

This time, He Li and the others did not take any other actions after hearing Chen Fan's words. Instead, they increased the number of buy orders and began to sweep away the selling orders above.

10.51米元买进26000股.10.51米元买进17800股.10.52米元买进53200股.
Continuous active buying orders began to slowly pull up the trend line of Qualcomm's stock price. This time the stock price rise must be much weaker than before. Not only are traders lacking confidence, after all, Qualcomm's stock price is also at a high level when the market trend is not good. , There was a diving trend just now, He Li and the others have no idea whether this pull-up will lead to more profit taking.

But Chen Fan has already spoken, the boss said, if he doesn't want to do it, he can only do it.

"Pull up firmly, don't hesitate, look forward and backward." Chen Fan could tell from a few bills that He Li and the others carried out the order, but it was a bit perfunctory, and immediately said, "Pull me, pull me Go around 10 yuan and 7."

(End of this chapter)