legendary trader

Chapter 734 Chapter 735 Top (Thanks to all readers, thanks to all friends who rewarded monthly and recommended tickets)

Qualcomm's stock price is rushing up crazily. Although the Nasdaq is not doing well today, and the index continues to hit new intraday lows, but as Qualcomm's stock price continues to rise, the selling orders listed above are getting smaller and smaller.

After the Nasdaq fell below 3600 points, most of the stocks that had maintained strong performance in the market chose to retreat. On the Starq market, except for the continued rise in Qualcomm's stock price, there are no stocks that have soared.

Zheng Xiaopang has adjusted the short-term indicators to 1 minute at this time, that is, he only looks at the stock price changes in 1 minute, hoping to see that some stocks can follow the trend and reactivate the market from point to point, but unfortunately, this time At that time, except for one stock of Qualcomm, the others were all in a downward trend.

Yes, at this time, the share price of the stock price that ranked second on the Nasdaq's 1-minute gain list was -1% within 0.36 minute.

"Stock God, stop, the stock price has risen by almost 1 yuan, and there is no stock in the market that keeps up with the rise, and they are all falling."

Zheng Xiaopang whispered to Chen Fan.

"Oh, I see."

Chen Fan stroked his forehead and replied in despair.

After He Li placed several large buy orders of tens of thousands of shares in a row, he directly pushed Qualcomm's stock price up to 54.72 yuan and then stopped. When the stock price reached here, Chen Fan's request had been fulfilled, and now the stock price should begin to correct.

"Following the trend is not very good."

Chen Fan looked at the Qualcomm board and said.

"Sure, the Nasdaq fell to 3600, who will enter the market at this time to grab the chips."

Zheng Xiaopang said helplessly.

Withdrawing his hand, Chen Fan said to He Li: "According to what I said before, let's pull back and pay attention to keeping the positive line closed."

At this time, Chen Fan's expression was very complicated, that is, he was a little happy and had a strong helpless expression. At least Zheng Xiaopang couldn't tell what kind of mentality Chen Fan was in at this time.

In any case, this pull-up is over. Although it seems to be a failure to save the market now, the market does not see signs of funds entering the market to protect the market. The Nasdaq has slipped to around 3590 points.

Get up and pick up the cigarette case on the table, "I'm going out to get some air."

After Chen Fan finished speaking, he turned and walked out of the trading room.

Rice stocks closed on Tuesday, and the Nasdaq closed at 3571.66 points, down 86 points, or 2.36%.

Qualcomm closed at 52.66 yuan, up 0.46 yuan, or 0.88%, with a turnover of 4709 million yuan, a slight decrease from the previous trading day.

As for the Oracle software, the trend is relatively flat, a perfect downward channel from beginning to end, and finally closed at 19.23 yuan, a sharp drop of 3.61%.

"Today's Yinxian looks a bit familiar. Look at Chen Fan, does it feel similar to this one?"

After the market closed, Zheng Xiaopang suddenly whispered to Chen Fan, gesticulating with his fingers in front of the computer screen. It was a negative line that came out at the end of last month. At that time, the index fell from 3421 points to 3336 points, a drop of 85 points. .

Coincidentally, the Nasdaq had just broken through 3400 points at that time, and after consolidating on it for a few days, the downward trend appeared. However, behind this negative line, the Nasdaq did not continue to decline, but immediately turned into an upward trend again The market rose for two consecutive weeks until the Nasdaq stood above 3600 points.

Seeing that negative line now, almost all investors would say "washing the market" lightly, but at that time, Chen Fan could guess that it scared the funds in the market to death.

"You mean, today is a one-day market wash, and tomorrow the market may pull up?"

Chen Fan thought for a while before asking in a low voice.

"It just feels like the trend is similar."

Zheng Xiaopang responded without hesitation. He probably didn't just think of this idea, maybe he had already thought about it when the market was about to close.

"According to the last move, the index will pull up tomorrow, and it will continue to rise, at least to the vicinity of 3800 points."

According to the previous trend, Chen Fan estimated and calculated the possible increase of the index.

It's not that he thinks the market will repeat the old path. In fact, in the financial market, many times the trend is repeating the past path, but the changes are more complicated. After all, the market is changing all the time.

It is also because of the repetitiveness of the market that there are so-called stock market cheats and reference tactics such as technical indicators. In fact, these are all a summary of past market trends.

"What do you think about tomorrow?"

After being quiet for a while, He Li and others had left the trading room one after another. At this moment, Zheng Xiaopang asked suddenly.

"Today, the above bargaining chips need to be washed, and they should be pulled back first. The stock price will be pulled up at the end of the day, and the upward trend must be guaranteed."

After thinking about it, Chen Fan said, "I tried it today, and the result was not satisfactory, but it was acceptable. Now what Chen Fan has to think about is how to do a good job in the last period of time, so that there is no mistake."

If today's upward trend continues tomorrow, there is no doubt that the stock price may be suppressed by a large number of selling orders when it rises to around 54 yuan.

It's not that Chen Fan is afraid to take orders here, but he has more considerations. He needs market funds to flow into Qualcomm continuously to maintain the activity of the market. He doesn't want to speculate in stocks to become a shareholder or become a loner. That's boring. Yes, it is a perfect operation only if enough funds are attracted to enter, the exchange of hands is carried out smoothly, and the money is left by oneself.

Now, Chen Fan already has a clearer idea. It's not the state of being muddled before, completely unable to see through the height of Qualcomm's rise, and blindly operating according to the brightness he can see.

However, all this will take time to verify.

"Oracle's trend is still weak? There is no money in and out during the day?"

Chen Fan didn't want to continue thinking about how the market would go, so he asked Zheng Xiaopang instead.

"No, I can't see the market maker's actions to protect the market today. A lot of small funds are selling. We didn't sell a share today, and we unilaterally went lower when the market opened. We didn't give it a chance."

Zheng Xiaopang said helplessly, at this moment, he also felt a little crisis, although it seems that there is a lot of floating profit in the book now, but it has to be realized.

Now the index is getting higher and higher. Judging from Chen Fan's attitude, it seems that the market outlook is very subtle. Although he doesn't understand why Chen Fan has been optimistic about the market, he has shown deep worries, but Zheng Xiaopang is still constantly Remind yourself that the higher the index, the closer you will be to the top, which is definitely not a good thing.

On Wednesday night, the Nasdaq finally opened lower, opening 3546.73 points lower at 25 points. This sign is very rare in the recent period. Even at the end of last month, the market fell slightly and opened slightly higher.

"The bearish rhetoric has come out again."

Chen Fan didn't pay attention to the opening of the stock market at the moment, but carefully read the pre-market briefing, especially the analysis materials of the world's major institutions on the market.

"There are only a few companies. The US side is still bullish, and there are only a few companies in Europe that are bearish."

Zheng Xiaopang wasn't too worried, so he answered the conversation casually.

Today, Qualcomm's opening price opened sharply lower under Chen Fan's instruction, directly opening at 51.77 yuan. Today, Qualcomm's stock price will be close to 50 yuan to scare the funds that entered the market two days ago and accelerate them. growth.

"Wow, I wipe it."

Zheng Xiaopang on the side finally waited for the opening price of Oracle Software today. For some unknown reason, after most stocks in the market had opened their opening prices, the opening price of Oracle Software had not come out for a long time, and it seemed that it had come out now.

"Fall?"

Chen Fan didn't turn his head to look, but asked casually.

"21 bucks 3."

Zheng Xiaopang replied loudly, with a lot of excitement in his voice.

"Ok?"

Chen Fan thought he had heard wrongly. Qualcomm was only 19 yuan yesterday, but today it opened at 21 yuan.

I quickly turned my head and glanced, and it was true that the opening price of 21.31 yuan rose by 2.08 yuan.

Chen Fan quickly switched a computer to the Oracle software trend chart, but now the trend chart could not see anything, and then switched to the daily chart. Today's gap is very conspicuous and too big.

But the eyes continued to move forward, and soon saw a huge gap around 17 meters. Of course, the gap was not as big as it is today.

Looking at the data, that was the trend half a month ago. In mid-November, Oracle’s stock price was still fluctuating at 11 yuan at that time. As a result, it suddenly opened higher by 16 yuan one day, and the gap was not covered throughout the day. The next 1.3 meter gap.

Today, at 20 meters, there is another trend of gap upside.

"Is it not in a hurry to sell stocks today?"

Just as Chen Fan was thinking, Zheng Xiaopang suddenly came over and whispered.

When Chen Fan heard it, he quickly understood what it meant. Before that, Chen Fan had made a plan to gradually reduce his Oracle position above 20 yuan. Although he only sold the 2 million shares that he had previously increased his position, he did not move the bottom position. , but today's high opening seems to make Zheng Xiaopang very excited, and he has a higher outlook on Oracle's market outlook.

Chen Fan closed his eyes and thought for a while, then said, "You can sell less, but you still have to sell. You know, money is a little tight right now."

"Will the futures stop for a while?"

Zheng Xiaopang continued, "The futures will be delivered next Thursday, on the 23rd, and Christmas will be celebrated outside."

"Have they moved their positions?" Chen Fan remembered that he had forgotten the situation over there in the past few days, and asked casually.

"Now they are doing the March contract, and the December contract is still adding a small amount of holdings."

Zheng Xiaopang replied.

"That's good." Chen Fan said with a smile, "I'm afraid they won't open the position. Even if there is no chance to close the position, it's a big deal to deliver. Our position cost is low, so we can make money no matter what."

At this point, the rice stock market opened, and the Nasdaq began to decline after a brief rebound, approaching 3500 points.

Qualcomm's stock price also fell slightly after the market opened, and soon fell below 51 million yuan.

At this moment, the overall center of gravity of the market is shifting downwards. Oracle opened higher, and there are also a lot of buy orders piled up below. The selling orders continued.

"Xiaoye, sell less, don't rush to sell the goods."

Seeing the opening of the market, Zheng Xiaopang quickly remembered something, and hastily turned around to give instructions to the trader Xiaoye beside him.

The Nasdaq has fallen below 3530 points, and the index has quickly slipped to 3520 points. However, the current market turnover is gradually increasing. From the index point of view, the bears now have the upper hand. The current transactions are mainly caused by active selling of stocks.

After the opening dive, Qualcomm stabilized at around 50.8 meters, and began to build a small platform, but the support of this platform mainly came from He Li's big entry into the market.

With more and more selling orders, He Li also began to place lower buy orders gradually, and Qualcomm's stock price began to fall below the platform and slowly fell.

Chen Fan has been staring at the trend of Oracle software now, as if he wants to see a flower, and he doesn't know what he is thinking.

The transaction is still going on, and Chen Fan has been staring at the trend chart of Oracle software in a daze. After a long time, Zheng Xiaopang becomes a little suspicious. This kid doesn't want to refer to the trend of Oracle software, and learns to use the gap strategy to push up the stock price. After all, Chen Fan also pointed out the gap left on Oracle's daily chart last month.

Trading continued. When the Nasdaq fell to around 3500 points, the index finally stabilized. The Nasdaq began to build a new line of defense above 3500 points, and the index began to flatten.

At this time, Qualcomm's stock price has also fallen to around 50.6 yuan and began to build a new bottom.

Many stocks are bottoming out. Although there are many rising stocks in the market, most of the stocks are licking their wounds at low levels at this time.

So far, the Nasdaq has fallen close to 2% today, and there are many stocks in the market whose stock prices have fallen by more than 5%. Many institutions and investors have suffered heavy losses today.

Qualcomm's position has also dropped by 2 yuan so far. Although it has not reached a 5% drop, it is still a drop of more than 3 points and 4 points, far exceeding the drop in the index. Of course, this is Chen Fan's self-inflicted.

The trend of the Nasdaq is still stable. Although the index has been hit around 3500 points several times, at this time the market support funds seem to be gradually revealed. When the index is not in crisis, heavyweights suddenly pull up to stabilize the index. With the passage of time, investors who previously lacked confidence in the market were gradually cleared out at this time.

When the time came to around 2 o'clock in the morning, the buying orders in the market began to gradually increase, and the index finally got rid of the decline and began to rebound.

Chen Fan has regained his senses at this moment, and he has determined the operation idea for the next few days in his heart, and now he is gradually starting to implement it.

Seeing that the index began to rebound, Chen Fan felt that Qualcomm's adjustment was almost done, so he said to He Li: "Bring the stock price back."

As He Li began to slowly increase the purchase price of the pending order, Qualcomm's stock price began to rise from around 50 yuan.

At this time, Zheng Xiaopang was very excited, because the share price of Oracle Software had risen to 22.7 million yuan at this time, and the stock price continued to rise. It seems that it is not a problem to go up to 23 million yuan today.

“It feels like the stock price has been rising a bit faster recently.”

Zheng Xiaopang suddenly said to Chen Fan.

"The market should be gradually entering the main Shenglang. We made a mistake in our analysis last year. The market situation should have started only recently."

Chen Fan said with a smile.

(End of this chapter)