legendary trader

Chapter 719 720 Shock

Chapter 719 720 Shock
Following the bombardment of newspapers and television for two consecutive days on Sunday and Monday, the stock market, which was still bullish before, seems to have reached the eve of the bursting of the bubble in an instant. Although the society may not have any opinions on rice stocks, it is directly reflected in the stock market. , The rice stock market opened lower on Monday.

On Monday night, Chen Fan and Zheng Xiaopang sat in the trading room quietly waiting for the rice stock market to open.

Chen Fan arrived at the resort very early this afternoon, and learned from Zhang Quan about the changes in the media and the analysis of the market trend in the past two days. Not good, we can only wait and see.

As for the mastermind behind the scenes that Chen Fan wanted to investigate, Zhang Quan could only say that he did his best, but don't hold out too much hope.

Based on this consideration, Chen Fan did not allow He Li to control the opening price of the rice stock market. He wanted to see what the market would choose after being bombarded by short-selling remarks.

When the Nasdaq opened 3072.04 points lower at 24, Chen Fan just closed his eyes and thought for a while.

In the past few days, every day opened higher by at least 1 percentage point. Finally, after the market's comments were bearish, the Nasdaq opened lower, and the range was not small.

However, Qualcomm's opening price quickly restored Chen Fan's confidence. Qualcomm's opening price was 36.81 yuan, an increase of 0.01 yuan.

It did not open lower, indicating that although the market was temporarily bombarded by short-seller remarks, the mentality of investors has not completely changed. At least when facing different stocks, they have not all turned short, as evidenced by the opening price of Qualcomm.

In fact, not only Qualcomm, but also the opening price of Oracle Software today was not affected by public opinion. It opened at 14.91 yuan, a significant increase of 0.24 yuan.

Perhaps there were too many sell-offs on Friday, indicating that there were too many short-term funds in the Oracle software market. These funds chose to withdraw on Friday and waited for the weekend to pass.

However, today's opening price is very obvious. Neither Oracle Software's main control force nor short-term funds seem to have any plans to give up. The high opening of the stock price is a clear proof.

Soon after the market opened, the Nasdaq experienced a wave of rapid decline. The Nasdaq was quickly suppressed to 3057 points, and fell more than ten points in a short period of time.

Qualcomm and other stocks have not yet formed a strong support force at this time, and He Li and others have not received Chen Fan's instructions, so they have not started to operate.

In less than a minute, Qualcomm's stock price fell to 1 yuan, but at this point, the scattered buy orders below finally began to pile up. At this price, more than 36.7 shares have already appeared to support the stock price.

There are not many panic orders. Knowing that there is a main force controlling the market in Qualcomm, the main funds have not moved now. Many investors are still holding shares with peace of mind at this moment, but they just focus on the stock. There are a large number of selling orders, and the wind direction is wrong. I must run faster than the main force.

Qualcomm's stock price found support at 36.7 yuan, and the stock price began to rise slowly. Chen Fan blinked and said to He Li: "Start to push up the stock price slightly, but not more than 37 yuan."

At the beginning, Chen Fan planned to protect the market strongly. At first, he judged that the situation was actually worse than the current situation, but he did not expect that Qualcomm's market would be so stable, and he spontaneously stabilized the stock price during the market.

As a result, Chen Fan's thoughts on today changed a bit. Public opinion is bad today, and it stands to reason that it is normal to have a drop. Since you are so stable, I will try to scare you and see how much panic I can create.

Suddenly wanting to suppress Qualcomm's stock price is actually not only because the market trend affected Chen Fan, but also because Chen Fan planned to wash the market at first. After all, although it rose for three consecutive days last week, two of them had double-digit gains. There are too many profit plates, and they need to be washed before they can feel at ease.

I originally thought that there would be a moth outside the market today, so I would protect the market today, and then return to kill and wash the market after the impact fades away, but since the funds on the market are so quiet, there is no need to protect the market by myself, and I will directly start washing, and then Public opinion is biased against this excuse.

Although the Nasdaq is still fluctuating at a low level, after He Li and others started to exit the market, Qualcomm's stock price began to rise significantly, and soon turned from red to green, and then the stock price continued to rise slightly, being pushed up to 36.9 yuan.

37 yuan has already been placed before. Although there are some selling orders piled up, it is not much compared to the previous trading day. At this time, those follow-up orders are like sharks that smell blood, and start to jump on the price. Entering Qualcomm's bargaining chip, obviously, they took 37 million yuan as the starting point for today's skyrocketing stock price.

Seeing so many purchase orders rushing to raise money in the market, the corners of Chen Fan's mouth twitched, "Start shipping."

Chen Fan didn't specifically emphasize where to maintain the stock price, whether to let the stock price rise while selling or to suppress the sale of stocks. He felt that He Li could judge for himself what happened on the market.

To be honest, He Li was shocked when he heard the word "shipping". Now is not a good opportunity to ship. After all, the market has been affected by the negative comments. Does Boss Chen think so?

However, He Li didn't ask, but started to sell stocks with other traders in small orders. Qualcomm's stock price fell into a stalemate around 37 yuan. Volume starts to surge here.

At the beginning, I didn’t find anything following the trend. I just felt that the 37-meter mark seemed to be similar to yesterday, which was a bit difficult to chew. No one thought that the main force would start shipping here. After the point started to rebound, the selling orders on Qualcomm's disk still did not decrease, and some people began to notice the clues, something was wrong.

Buying orders decreased rapidly, and the stock price could no longer be maintained.

Without Chen Fan's words, He Li faithfully carried out Chen Fan's order and shipped the goods.

Now that there is not much to sell here, let’s start to lower the price, there are still buying orders below, and as the stock price falls, buyers who prefer low prices will more or less be unable to withstand the temptation of the stock price and choose to enter the market for a gamble.

Qualcomm's stock price has started to fall
After the Nasdaq began to rebound from 3060 points, although the index rose very slowly, it is obvious that many stocks in the market have been intervened by buyers, and the stock prices are slowly rising. Active transactions in the transaction details column that were previously occupied by selling Started to make a slight change in sound, no longer mostly downward arrows, and began to balance up and down arrows.

With the support of buying intervention, the index hit today's opening point. Although it is still a red market, it has become a positive entity on the daily chart. Although it is still very short, the time before the end of the transaction is after all still early.

(End of this chapter)

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