legendary trader

Chapter 488 Chapter 489
This time, He Li and the others did a very good job. Taking advantage of the pullback of the market, they decisively pulled up Qualcomm's stock price. Now that the Nasdaq has risen to around 2661 points, it is still on the rise, and Qualcomm's stock price has rushed to around 13.5 yuan. , The trend of hitting a new high has greatly stimulated the nerves of market participants, and there is an endless stream of buying orders following behind.

Chen Fan did not return to his seat, but stood behind them and watched their transactions. While buying stocks to push up the stock price, he placed sell orders on them, and used the trend to pull and sell. Overall, it seemed that he was still reducing his holdings stock.

It is a pity that such a trend cannot be maintained for a long time. First of all, the upward trend of the Nasdaq has slowed down, and the bullish sentiment in the market has begun to ebb. Although Qualcomm’s stock price continues to rise, the trend of follow-up buying has also shown a decreasing trend. Investors should become more cautious The reason for getting up.

After the price of 13.6 yuan was broken, the situation of hesitation remained unchanged, and the wait-and-see atmosphere in the market became stronger.

"It's almost peaked, and the market has no ability to continue to rise."

Chen Fan rubbed his forehead and looked at the Nasdaq trend chart through his ability, then said to He Li.

At this time, in his eyes, the Nasdaq has lost its brightness. Although there is still brightness on the Qualcomm stock, it is already very weak. According to Chen Fan's estimation, it should be able to rise above 14 yuan, which is not bad.

Chen Fan's meaning has been made clear. He is not optimistic about the rest of the trading time. The Nasdaq should not go up. He Li also understands Chen Fan's thoughts. Now he will focus on shipments, and it is not too big to raise the stock price. meaning.

Although Qualcomm's share price is still rising at the moment, without He Li's buying orders, Qualcomm's market has clearly shown signs of weak growth, and Qualcomm's stock price has finally been unable to continue to hit new highs after reaching a maximum of 13.66 yuan After a short period of sideways trading, it started to pull back.

At the beginning of the correction, there were not many buy orders on Qualcomm’s market, and most of them were orders entered by He Li and the others. However, after Qualcomm’s stock price fell below 13.5 yuan, the buying orders below began to increase, and active buy orders were still Few, most of them are passive pending orders waiting for transactions.

The effect of the continuous increase in boosting market sentiment has begun to show. According to past practice, a lot of funds began to pay the bills below, betting that Qualcomm will rise again in the late trading.

However, these were destined to be disappointing. During the subsequent trading hours, He Li and the others kept issuing orders to sell stocks, one after another selling orders were thrown into the market, and the transaction information was continuously fed back to the trading room.

Chen Fan is already sitting in his seat at this moment, looking at the transaction data leisurely, not only the Qualcomm stock sold by He Li and the others, but also the following two stock trading groups are also constantly selling stocks, the futures trading group is It is a desperate attempt to close out the long orders in hand.

This time, it was because of being named and accused. The futures trading team has been working on closing positions, but they were still urged by phone calls from above, thinking that they were too slow.

Well, then speed up the closing speed, so as not to receive another notification.

All traders today are busy, constantly selling stocks. Although the market looks very strong now, although they know that the huge gains accumulated in a row must be a hidden danger, and the market will definitely enter a stage of adjustment and washing, but Chen Fan The trading room over there did not ignore it as usual, but directly issued an order to reduce the position, which means that the market adjustment may be more severe this time.

In their memory, such a situation happened only once, and that time the market fell very rapidly and the drop was very large, and almost wiped out all the gains after the New Year, so no one dared to take it lightly this time.

By this time, only a few traders who had completed the lightening task were drinking tea or coffee and chatting leisurely.

Although there is an opportunity to continue to reduce positions, the order is just like that. They don't want to violate the order and follow their own ideas. If something goes wrong, who should be blamed.

There is not much brightness on the Qualcomm stock, and it is almost undetectable, and the market has not seen any brightness at this time, and it is estimated that there will be no chance within a month. Chen Fan is starting to get a little bored.

Thinking about going to Shencheng, should there be some arrangements here?
But Chen Fan thought about it, took out his notebook and flipped through it, but there was nothing to do.

Although the market seems to have no chances in the short term, Chen Fan still has no plans to liquidate his position and end this operation.

Obviously there are giant crocodiles lurking in the rice stock market. It is impossible for them not to surface to bite their prey. If not, it means that the prey is still vigilant and it is not the time.

Although he didn't know how long he had to wait and how much space was left behind, Chen Fan still planned to stare at the crocodile and learn how to play it.

As Qualcomm's stock price continues to decline, there are more and more orders from below. Many people are buying stocks with the mentality of buying on dips and considering short-term operations.

Chen Fan is happy to see the success of this. He Li and the others are still selling stocks at the same speed, and they have not rushed to sell because of a large number of buying orders below. Now is not the time to reveal their purpose. With a strong and volatile trend, it seems to be gaining momentum.

The trading time is running out quickly, and the rice stocks are close to the closing time. The Nasdaq index did not appear to be stronger in the late market as most people wanted, but has been fluctuating in a narrow range above 2650 points, which seems to be a wash, and it also seems to be stockpiling. Potential, although some people have thought of something, but they are not very sure.

Qualcomm is oscillating all the way, constantly declining to build a new platform, and then He Li and the others will pay a few big bills, pretending that the main force in the market is still in control, regardless of the fact that they are still constantly reducing positions. The effect is very obvious. The active selling order has not come out, and everyone is still waiting for Qualcomm's final performance.

However, at this time, the funds for placing orders in the market began to decrease, and the purchase orders below began to be a little out of supply. Seeing that the time is almost up, He Li and the others continue to ship goods in this way, and lower them again if there is no purchase order. Selling prices, Qualcomm's strong and volatile trend began to turn into a slow unilateral decline.

Perhaps because of the impact of the trend last weekend, Qualcomm's stock price weakened significantly, but the selling still did not come out.

Chen Fan can only understand that the current investors are really capable of resisting pressure. They should still be wondering if the trend last weekend was just a wash and wash. It won’t be long before Qualcomm’s stock price will skyrocket again. If they ship at this stage, It is very likely that he was being played by the main force again.

No matter what they do, the current market is favorable to Chen Fan, and not many people take the initiative to sell stocks, vying for the few buy orders.
(End of this chapter)