legendary trader

Chapter 505 506 Tell them to wait

At 9:2544.93 p.m. on Thursday, the Nasdaq opened lower at [-] points. After the market entered continuous auction trading, the index continued to follow the trend of the previous trading day.

Under the instruction of Chen Fan, He Li put up a lot of selling orders during the call auction stage, pushing Qualcomm's stock price to open lower. After all, it rose very sharply in the late trading yesterday. Chen Fan was worried that someone would enter the market at the opening Grab the chips to bounce back.

It wasn't because Chen Fan had a good heart, but because he didn't want these people to enter the market, quickly suppressed the stock price after opening low, and let these funds that were planning to grab a rebound voluntarily retreat. Chen Fan felt that this was a better way to deal with it.

Qualcomm's stock price fell at the opening, which indeed reduced the funds for buying in the market at the beginning of the market. It didn't take much effort for Qualcomm's stock price to fall below the low of 11.75 yuan in the previous trading day.

However, the decline of the broader market was not as fast as that of individual stocks. After all, although the market trend is still sluggish today, there are still many stocks that rose during the session. At least Zhuanggu still has funds to protect the market.

Qualcomm's stock price began to stop falling around 11.7 yuan, and He Li and the others gradually entered the market one after another with small purchase orders to support Qualcomm's stock price from continuing to fall.

Qualcomm's stock price was supported by buying orders below, and it began to fluctuate sideways. The funds that were really worried about the market outlook actually fled a large number of intraday trading yesterday. Compared with the previous trading day, today's intraday selling pressure has decreased a lot. It didn't cost much to suppress, and it didn't cost much to protect the stock price. After all, Qualcomm's trading volume has been shrinking.

According to Chen Fan's intention, the entire transaction will be adjusted starting today. Instead of blindly entering the market to reduce positions, it will look for opportunities to reduce positions in the process of raising the stock price, so today's operations are actually protecting the market and re-gathering popularity , Mainly eating low-priced chips.

It is not difficult for He Li to protect the market and restart the upward trend, but it is much more troublesome to start gradually distributing after the price is raised. He hired two traders, both of whom were recommended by him. Zheng Xiaopang has split the work of the two of them to other traders, and transferred them here to wait for He Li's dispatch.

So far, Chen Fan is satisfied with He Li's trading ability. When checking the evaluation of his original company, Chen Fan also noticed that He Li Tianqin's evaluation is first-class trading level, has a certain vision, but still needs to be cultivated. In order to stand alone and operate the project alone.

According to Chen Fan's understanding, this evaluation means that He Li still lacks the overall situation, cannot operate independently, can do business well, and can't manipulate a project.

Chen Fan doesn't need him to trade, he only needs him to execute the transaction, so He Li is still very suitable to stay here.

The Nasdaq began to show signs of stopping after falling to around 2520 points. The index began to try to get out of the sideways adjustment and did not want to continue to decline.

Although the Nasdaq has only fallen by about 30 points since the opening of the market, the decline of individual stocks in the market is very large, because many stocks have closed a negative line to varying degrees after the intraday decline yesterday, and for those who operate in this stock In terms of funds, it needs to be repaired today, so the protection of many stocks is not only to maintain the green market, but to make a trend chart showing yang and yin when they rise sharply.

After excluding the impact of these rising stocks on the index, the decline in stocks in the market has actually fallen by more than 2% overall.

Since the opening of the market, the market as a whole has no upward momentum except for the rebound when selling orders are reduced, and there is no fund to try to push the market to rebound.

"The market is so calm today, there is no funds to support the market." Zheng Xiaopang watched for a long time and choked out such a sentence.

"That's good. After the market naturally bottoms out, someone should take action to raise the index."

Chen Fan glanced at Zheng Xiaopang, and said cheerfully, "The action now is just to consume the little popularity in the market to go long. Accumulate and explode, and the effect may be better."

"Didn't you say in the afternoon that it might bottom out and rebound today? But the market doesn't have any funds to plan a rebound."

Zheng Xiaopang tilted his head and thought about it, and felt that although what Chen Fan said was reasonable, it was not convincing enough.

If the market wants to stop falling, at least there must be a large amount of funds trying to protect the market. In this way, the long-short competition in the process of market decline should be more intense. Only after the power of either party is exhausted can the market move to that side. As it is now, the short position is almost To attack the city without any consumption, the bulls will not get any benefits except to hit the popularity of the bulls.

"I can't stand it here, and I will know it when the index falls to around 2500 points."

Chen Fan looked at Zheng Xiaopang with a smile on his face and said, "That's what I thought. I will start to activate Qualcomm at 2500 points. No matter whether the market bottoms out today or not, I will start to increase Qualcomm's stock price, at least eating up yesterday's negative line." Just do it."

"Yang Baoyin, continue to attack upwards tomorrow, the graph looks good, and if it can reach a new high, the upward trend seems to be stable again."

Zheng Xiaopang curled his lips, and said with a little disdain, "But what you said is pulling and selling. If you pull high, the bargaining chip you put out will become a profit, and it may bury you at any time."

"That's why I said that it is enough to pull it to around 14 yuan, and sell it sideways first to see the effect. If the effect is not good, then continue to pull it higher after washing the market, and then go back and forth to find opportunities to ship."

Chen Fan interrupted Zheng Xiaopang's words, but this time his voice was very low, and his body was turned sideways to Zheng Xiaopang's side.

Zheng Xiaopang glanced at Chen Fan, "The person you want will come as soon as next week, but we will go to Shencheng again at that time, should we go to Shencheng slowly?"

"Researcher?" Chen Fan frowned, and after thinking for a while, he said, "Let's just go there. The researcher asked them to come later. We don't really need them now. They only came when our shipment was unfavorable. necessary."

"Then let them be ready at any time?" Zheng Xiaopang said hesitantly.

"You don't need to prepare at any time, the fastest will be around mid-May, just talk to them."

Chen Fan thought about it in his mind, and thought that after half a month, he should be able to know whether he can throw out the chips here. If he can't throw out, he will arrange for them to come over and study how to release the news, which will affect the market's judgment on Qualcomm's stock, so that the They can think and operate in the direction Chen Fan wants.

The Nasdaq has been consolidating around 2520 for more than an hour. It is said in the stock market that the market will fall for a long time. With the extension of the consolidation time at the bottom, the selling orders in the market have gradually begun to increase, because stockholders can’t see the direction of the market’s strength. Hope, the Nasdaq is slowly sliding, and it is about to test the intraday low again
(End of this chapter)