legendary trader

Chapter 608 609 Killing (Thanks to all readers, thanks to all friends who rewarded monthly and recommended tickets)

"The recent trend of Oracle Software, which Xiaopang is in charge of, has not been very good, but now this stock is our second largest holding. What do you think of the market outlook?"

Xu Jing suddenly mentioned the trend of Oracle software. Chen Fan was a little stunned, and after thinking about it, he said: "I think this stock is okay. There should be an upward trend in the future. This stock is obviously the funds raised at the beginning of the year. The previous I don't know if the main force is lurking or what, anyway, I can't understand it.

It stands to reason that Oracle is now a well-known software company in the world. Although the limelight has been taken away by Miruan, it must be said that the development potential of this stock is still good. It stands to reason that this stock cannot be operated without funds. right. "

"Then you said that this stock is new capital this year?" Xu Jing immediately asked,
"The stock has fallen since the beginning of the year. No one is protecting the market. It is not clear. It may be similar to Qualcomm. I also suspect that there are funds lurking in Qualcomm. Now Zhang Quan has not found any results."

Chen Fan shook his head, "Although the stock market seems to have the means to do a lot of things, the other party also has the ability. Everyone has energy, so of course they can't find anything. I also guessed this way about Oracle. It may have invested in funds earlier, but Others did not operate this year, and then they were self-righteously regarded as Wuzhuang stocks."

Speaking of which, Chen Fan smiled, and said helplessly, "This may be the case with Qualcomm as well."

Immediately, the office fell into silence.

After a while, Xu Jing said: "You can figure it out, it's all up to you in the future."

When the two returned to the trading room, Qualcomm's stock price had completely entered a low sideways trend, fluctuating around 21.5 yuan, and buying and selling orders were constantly changing hands here.

"What's the situation?" Chen Fan asked after sitting down.

Lin Hong hurriedly replied: "It seems that there is no willingness to continue to sell down. We put the purchase order below, but they don't want to drop."

"Then let's trade with them here, and eat all the stocks they sell." Chen Fan said after thinking about it.

Afterwards, Qualcomm started a dull sideways trend, with orders of different sizes constantly being traded, but the stock price seemed to have been immobilized, only in the narrow space of 21.46 to 21.58 yuan. There are a lot of orders piled up and down, but there are no longs or shorts to touch the pending orders outside this space.

I don't know how much investor confidence was consumed by the long and boring transaction. When the market was about to close in an hour, the active selling orders in the market began to gradually increase.

Chen Fan wasn't sure if it was Zheng Xiaopang's order that entered the arena now, but he still asked Lin Hong and the others to accept all orders.

Qualcomm's trading volume began to gradually increase. This time, it was not used for the previous disorderly pulse volume. In the previous trend, there were large orders raiding the market from time to time, and the transaction was completed quickly. The trading volume quickly expanded and then shrank rapidly. The growth of the list is very slow, but the persistence is very good.

Chen Fan's heart moved slightly, and then he went out calmly and made a phone call.

When Chen Fan walked back to the trading room, he said to Lin Hong and Zhang Yi without sitting down: "Start to lower the buy order and bring down the stock price. There is no need to give them money at the current price."

Under the influence of Chen Fan and the others consciously lowering the purchase price, Qualcomm's stock price started to fall again after trading sideways at the bottom for several hours.

Without their buying support, Qualcomm's stock price was defeated after a few rounds without the support of those scattered buying orders outside the market. It soon fell below today's intraday low and began to decline steadily.

In ten minutes, Qualcomm's stock price fell to around 21 yuan. There were some buy orders here before. Just when the market thought that the stock price could stabilize here, suddenly, a large sum of money appeared out of thin air in the stable market. Sell ​​orders, eat up all these buy orders in one go.

Seeing such a situation, investors inside and outside the market knew that this was the fund that was stealing money from before, and they were eager to leave the market now. There were still some buying orders in the market before, so they never sold at a lower price, but the sideways A day later, I finally went down. After seeing these buying orders, I naturally didn't want to be taken away by others, so I made such a fierce move.

Under the influence of this wave of selling orders, more funds in the market chose to reduce positions or even clear positions. Even more fierce.

Qualcomm's stock price continued to decline after falling below 21 yuan, and the protective funds were not eager to pull back the stock price because the buy order was eaten up. There was still no major move. Along the newly formed downward channel, Qualcomm's stock price began to fall to 20 yuan. Integer pass rushed.

"It's over."

This is a word that repeats in the minds of all investors who still hold Qualcomm shares.

Up to now, Qualcomm's stock price has fallen to 20.8 million yuan, and there is still no trace of support funds. Although many people still don't want to believe that the main force in the market has given up the support, but the current market is so ruthless. tell them.

Chen Fan rubbed his nose and wiped his mouth, "From 20 yuan to 7 yuan, small orders enter the market, and from 20 yuan to 6 yuan, large orders enter the market, pulling up the stock price."

"Mr. Chen, keep letting it fall. If it falls to around 20 yuan, there will probably be more selling orders." Lin Hong said with a frown.

"No, it's cheaper that way, but the confidence of other shareholders may not be able to hold on. It's useless for us to buy more. I don't have the money to privatize this stock." Chen Fan shook his head and said bluntly.

"Hehe." As soon as Chen Fan's words fell, Xu Jing beside him couldn't help laughing out loud, "You still want to buy Qualcomm in its entirety, let alone you don't have the capital, even if you do, it's impossible, the US government will let you You want to die."

"Yeah, Qualcomm has too many useless and outdated patents. If some of them are not part of the foundation, the company's urine is really worthless."

Chen Fan smiled, "I also heard that this has some basic patented technologies, and there are still a lot of patent fees every year. I plan to invest in it for a long time."

"For pure investment, the current price is not cheap." Zhang Yi suddenly interjected, "This stock was not bad at the beginning of the year, but now the stock price has risen too much, and it is probably close to the top area."

"That's your opinion. A friend of mine said that there is still a lot of room behind this stock. You can buy some boldly and put it away. Although it will not rise sharply in the short term, it is still very promising next year." Chen Fan didn't think at all. Meaning, laughing and chatting with them.

Although the trading room was bustling, Lin Hong and Zhang Yi still did not forget their own work, and decisively started to open positions after Qualcomm's stock price fell to 21.7 yuan.
(End of this chapter)