legendary trader

Chapter 610 611 The situation is not good

Chen Fan didn't notice that his smile misunderstood Lin Hong and the others, but even if he knew, he didn't bother to bother.

With the opening of the rice stock market, Qualcomm's stock price began to decline rapidly at the opening. Several tens of thousands of shares of sell orders were poured into the market. The huge gap seems to have no pulling force at all.

Qualcomm's trend is completely following Chen Fan's ideas, but Chen Fan, who should be very relaxed, really looks down at this moment, staring at the trend of the Nasdaq index on the computer screen without saying a word.

Previously, the attention was focused on Qualcomm, but I didn't find that the Nasdaq opened lower today, and the magnitude of the lower opening was very intriguing.

Last trading day, the Nasdaq closed at 2750.8 points, which has been rising for two consecutive days. It stands to reason that even if it does not open higher today, at least it will not open sharply lower, but the most unlikely trend is It has appeared. You must know that there is no bad news to suppress the market today. I did not see that both the Dow and the S&P opened slightly higher.

Today, the Nasdaq opened at 2716.15 points, a sharp drop of 34 points. Well, although it is not as strong as Qualcomm’s low opening, it is too abnormal. If the Nasdaq did not start to rebound after the opening, and went directly to close the gap, Chen Fan would have doubts Did Zheng Xiaopang leak the news?

You must know that today's low opening has always existed only in his own thoughts. Zheng Xiaopang only knew about it in the afternoon, and He Li must have been ordered by Zheng Xiaopang just now. It is impossible to reveal his thoughts, but Nazhi It opened low.

Chen Fan couldn't figure it out, but the string that had been tense in his heart was bouncing tight again. It was so coincidental. When he changed the game a few times, the Nashua finger seemed to have a tacit understanding with himself, and walked out of the inner market.

Now that I think about it, either it happened by accident, or it was really noticed, and it is the main fund for operating the market. They have analyzed their own operating purpose based on Qualcomm's disk, so they have been using this method to give themselves a certain amount of money. a hint.

Thinking of this, Chen Fan gritted his teeth, and said to Lin Hong and Zhang Yi: "Do as I said before, break 20 yuan and start building a position."

After speaking, Chen Fan got up and went out. After closing the door, he took out his mobile phone and found a secluded corner to call Xu Jing, asking her to check whether the companies with those accounts had been secretly investigated recently. The financial market has always demanded secrecy, but only a fool would believe that.

Although I don't have any other thoughts, I still have to be prepared. Although I also hope that I am being self-indulgent, maybe all of this is accidental.

After making the phone call, Chen Fan returned to the trading room and saw that Qualcomm's stock price had fallen below 20 yuan. At this moment, Lin Hong and Zhang Yi had already started to place a lot of buy orders in the market to buy into Qualcomm. stock up.

"Has the trading volume increased?" Chen Fan didn't sit down and asked directly behind Zhang Yi.

"There are some sell orders, but fortunately, there is no panic order." Zhang Yi replied hastily.

Chen Fan sat back in his seat and looked at the transaction details just now. When the stock price fell by nearly 20 yuan, the trading volume began to increase obviously, and the number of active selling orders increased. As the stock price fell below 20 yuan, the selling began. further increase.

A large number of sell orders failed to be traded, and are now hanging on the selling price. Lin Hong and his group’s buy orders are still relatively small, so the downward trend of the stock price has not changed, but the rate of decline has not accelerated due to the emergence of buying orders.

Under the conscious maintenance of Lin Hong and the other two, Qualcomm's stock price had fallen to 19.82 yuan at this time, and it was about to hit the last batch of buy orders they posted. It was the bottom line of Chen Fan's heart.

Let the stock price continue to decline. It is hard to say whether the confidence of investors who still hold on to Qualcomm stocks will also collapse. At that time, it will really collapse, and there will be no redemption.

Sure enough, at this time, the funds eager to leave the market at this time, after seeing the big buy order of 19.8 yuan, smashed the buy order here one after another, just to get rid of all the stocks in their hands as soon as possible. Yesterday, it fell by more than ten points. The stock price fell by more than 5 points in just a few minutes after the opening of the market today. Looking at this trend, I am afraid that it will fall even worse.

"Amplified buying supports stock prices."

Sure enough, when a large number of sales orders hit 19.8 million yuan, Chen Fan's words reached the ears of the two.

As their buying orders began to increase, Qualcomm's trading volume began to surge, and the stock price also fluctuated for the first time after the market opened, and it was no longer a unilateral decline.

However, there were too many selling orders at this time, and the intensive selling orders continued to hit here, and soon Lin Hong and the two felt a little overwhelmed.

"Mr. Chen, is the big order going up? The stock price will not be able to withstand it if it continues like this. Apart from continuing to consume funds, it will not affect the stabilization of the stock price."

Lin Hong saw that the market was not looking good, so he hurriedly said to Chen Fan.

"Let the stock price go down, and then use a large order to sweep up, oscillate repeatedly, increase the room for shocks, don't continue to stick here."

Chen Fan also understands that the current market situation is a bit bad. The buy orders they have entered into the market have become the targets of funds eager to leave the market. These purchase orders not only failed to stabilize the market, but inspired more funds to choose to flee. It is too simple, thinking that after the market plummets, as long as it stabilizes, the market can be stabilized.

Up to now, these funds can only be cleaned up by repeated shocks.

Soon, Lin Hong and Zhang Yi gave up sticking to the 19.8 million yuan, and began to put down the purchase order, and took the initiative to lower the price.

Seeing that the support level of 19.8 yuan was broken, the market seemed to become more tense in an instant. I don't care about the price difference of a few meters, and I have already started to cancel the order and drop it down.

Chen Fan knew that these sales orders must belong to others, he did not let Zheng Xiaopang act so realistically.

Soon, Qualcomm's stock price fell to 19.7 yuan, but Chen Fan felt a little flustered at the moment when he saw that the top was still constantly entering the market.

Qualcomm's stock is still bright now. In fact, the brightness is not bad. According to the theory, my operation will not change the outcome. In the end, the trend of this stock will return to the trend I set for him. It needs to fluctuate, but after the shock is over, it still has to continue to rise, at least to touch 24 yuan, but the current situation is a bit bad.
(End of this chapter)