legendary trader

Chapter 735 736 Gaps Upside (Thanks to all readers, thanks to all friends who rewarded monthly and recommended tickets)

With the end of the rice stock trading on Wednesday, the Nasdaq closed at 3621.95 points, up 50 points.

The Nasdaq rose sharply in the last two hours. With the support of buy orders, the index rebounded more and more vigorously. From the initial slow rise, it gradually accelerated until the end of the market. The whole day rose by 1.41%. It completely swallowed the negative line left by the previous trading day, but it also swallowed most of it. At least the technical graphics look good.

Qualcomm closed at 52.9 yuan, up 0.24 yuan, or 0.46%. However, although the stock price rose in the last trading hours, the trading volume throughout the day remained at a low level, with a total turnover of 3829 million throughout the day RMB, reduced by about [-]%.

Today's Oracle Software maintained a trend of opening high and going high throughout the day, and finally closed at 22.59 yuan, a surge of 3.36 yuan, an increase of 17.47%, and the trading volume exceeded 14817 million yuan, reaching [-] million yuan.

Soon, it was Thursday night. After Chen Fan and Zheng Xiaopang came to the trading room, Chen Fan sat down and briefly read the pre-market briefing. He began to assign today's operation tasks to He Li.

"Today open high and go high, the stock price should be close to 55 yuan, close around there, and finally leave a gap, it doesn't need to be too big, open above 53 yuan 5, not more than 54 yuan."

He Li nodded after listening to Chen Fan's arrangement, it was not too difficult.

In the past three days, Qualcomm has walked out of three small positive lines in a row at a high level. It looks like the red three soldiers, but it is not the same as the general trend. Very big, still able to maintain a high position and strength.

On the other side, Zheng Xiaopang raised his small eyes and widened his eyes. He guessed that Chen Fan might want to imitate Oracle's upward trend and use a gap to rise, but after thinking about it, it doesn't feel like it.

The gaps used by Oracle Software for the upside attack are all breakthrough gaps, which are generally in a big uptrend. After the gap is stabilized, it will continue to rise for a few days. According to Chen Fan, it does not require a big rise today, that is, a small gap And the corresponding increase, is it going to continue to rise?

After Zheng Xiaopang constructed in his mind the graph of Qualcomm's future upside with small gaps, he soon discovered that doing so could indeed show the market the strength of the stock, because the gap itself was created because of the emergence of a strong force to support the stock price. Only when there is a gap, the continuous gap is not expressing to the market that there are a lot of funds that are optimistic about Qualcomm, and everyone is frantically entering the market now?
Thinking of this, a stock market term "topping" suddenly appeared in Zheng Xiaopang's mind.

It seems that last night Chen Fan had already figured out how to end Qualcomm's continuous offensive. Qualcomm's stock price should peak, and the next two weeks should be the process of accelerating the peak. Calculating the time, it happens to be at the end of the year Finish peaking work left and right.

"How is the market going today?"

Seeing that Chen Fan was free, Chen Fan began to read the pre-market briefing again. He read it in general before, but now he was reading the newspaper carefully, so he leaned over and asked in a low voice.

"Didn't you be bullish on today's market yesterday? Why do you still ask?"

Chen Fan glanced at Zheng Xiaopang, and replied casually.

"Do you think the market is about to peak?"

Zheng Xiaopang continued to ask. If he wanted to find out how Chen Fan judged the general situation, he had to understand that sometimes Chen Fan pretended to be calm, but it was very important whether he saw the pulse of the market.

Now this team is all maintained because of Chen Fan's ability to watch the market. To be honest, although Zheng Xiaopang still admires Chen Fan's ability to analyze the market, he has made mistakes, and he can't say which day Chen Fan's luck was gone, so he made a wrong judgment.

If you figure out what Chen Fan is thinking by yourself, you can confirm it with the market in time, and if anything goes wrong, you can remind him in time.

Chen Fan lowered his head and thought about it. Although Zheng Xiaopang didn't know what he was thinking, he soon saw Chen Fan looking around at the people in the trading room. At the moment, the traders were all busy with their own affairs. No one paid attention to them, and then picked up the cigarette case and lighter on the table and motioned him to go out and talk.

Zheng Xiaopang got up and went out with Chen Fan. In the corner, the two of them lit a cigarette and smoked. After half a cigarette, Chen Fan smiled at Zheng Xiaopang.

"The rice stock market may rise for a period of time. I don't know if it will reach the peak, but what I know is that Qualcomm can't rise any further."

Chen Fan opened his mouth and began to speak in a flat tone.

"We entered Qualcomm in a few months. How much was Qualcomm at that time? It looked like 5 or 6 yuan, which has already risen very scary. Have you not paid attention to the recent reports? More people are paying attention to Qualcomm. Analyze Qualcomm's articles. Also increased.

I don’t know if you’ve noticed this. The previous analysis predicted that Qualcomm’s high point would be 30 yuan. When we stood up, their valuation increased to 50 yuan. We also stood up. Did you notice that the current valuation is not ? "

Chen Fan paused at this point, staring at Zheng Xiaopang.

"I didn't watch it. I paid attention to it before. I won't watch it in the next two months. It's boring. The high point is only in your heart. If you want to, it's okay to pull as high as you want."

Zheng Xiaopang blinked, and said cautiously, he didn't know if what he said was right or not, but it was still a test.

After hearing Zheng Xiaopang's words, Chen Fan smiled and said, "I'm not that good, hehe."

"The current valuation is 70 yuan. I think that as long as we raise the stock price to 70 yuan, the stock price given by the institution may go to 100 to 120 yuan."

After Chen Fan laughed twice, he put away his smile and said seriously.

"Are you going to feint and start shipping after hitting 80 yuan?" Zheng Xiaopang widened his eyes and pretended to be unbelievable, "Will the market still go up at that time?"

"It should continue to rise. When the market rises, we will ship and let them cover our retreat."

After Chen Fan finished speaking, he smiled, "It is impossible for us to wait until the market peaks before running. Our position in Qualcomm is a bit heavy, so we can only leave the market first."

Zheng Xiaopang probably understands Chen Fan's analysis. The market will continue to rise around the end of this year. Qualcomm may peak and fall at this time. 50 billion yuan, according to the current trading volume of this batch of stocks, if there is no process of substantial increase in volume, it may take at least three months for the silent shipment.

In three months, the Nasdaq is now at 3600 points. Based on the current monthly rise of 300 points, the Nasdaq may have been at 4500 to 4600 points at that time.

Zheng Xiaopang has forgotten at this time that when reaching the top, the rise usually has to be accelerated, but this cannot be considered now, and he is not a banker, so he doesn't know what others think and do.

However, these did not prevent him from making a judgment, which seemed feasible.

In the context of the continued rise of the Nasdaq, they began to sell Qualcomm stocks. They only need to maintain the rapid rise and slow decline of Qualcomm stocks, and lose the stocks in their hands little by little, so as to keep those investors confident. After all, the index is still rising. The market is still rising. Qualcomm's stock price was adjusted in place that day, and there will be another wave of more violent rises.

When the two returned to the trading room, the rice stock market was already open for trading.

On Thursday night, the Nasdaq index opened very strongly. It did not choose to consolidate because of the near-death situation of the previous day. Instead, it continued to open higher. After the index opened at 2669.23 points, it climbed slowly until the close. The Nasdaq closed at 3715.06 points, up 94 points, or 2.57%.

According to Chen Fan’s intention, Qualcomm’s trend opened at 53.5 yuan, and after a little consolidation, it began to rise steadily. It closed at 54.91 yuan in late trading, and the highest intraday touched 55 yuan. It rose by 2.01 yuan throughout the day, an increase of 3.8 %, leaving a gap of a few cents on the daily chart and not closing it, which is considered to have perfectly executed Chen Fan's intention.

Oracle Software may have been fluctuating around the closing price of the previous trading day all day today due to the sharp rise yesterday, and did not launch a decent offensive until the end of the day. It finally closed at 22.39 yuan, a slight drop of 0.2 yuan.

However, because he understood Chen Fan's thoughts, Zheng Xiaopang was in a happier mood today, and he didn't show much disappointment in Oracle's failure to realize the sharp rise in the market today, so he was quite calm and calm.

It should be said that Zheng Xiaopang seems to be changing now. He has gradually and completely lost the common mistakes of small investors, falling less than anyone else in a downtrend, and rising faster than anyone else in an uptrend.

In fact, such a comparison, for funds with the ability to control the market, is as ridiculous as children playing house.

Of course, for ordinary investors, they are still happy to compare these, and they don't care about the graphic changes of stocks and the meaning behind the changes.

On Friday afternoon, Chen Fan received a call. Zheng Xiaopang didn't know who was calling, and he didn't bother to ask, but seeing Chen Fan's relaxed expression after answering the phone, he made some guesses.

On Friday night, Chen Fan still gave He Li an order similar to Thursday's, and continued to go up with a small gap, but this time the stock price closed at around 57 yuan.

The Nasdaq has risen by 140 points in the last two days, and the short-term increase has been relatively large. However, it was still strong on Friday and continued to open higher and move higher. It finally closed at 3753.06 points. The intraday index once hit 3796.80 points. At last, it still couldn't bear the huge profit-making selling pressure in the market, especially some short-term funds chose to stay on the sidelines over the weekend.

However, the short-term correction of the Nasdaq did not have any impact on Qualcomm. In the case of diving in late trading, Qualcomm raised its intraday record high to 57 yuan, and then closed at 56.88 yuan. The stock price rose by 1.97 yuan, an increase of 3.59%. , continue to continue the strong performance of the previous trading day.

Today, the trend of Oracle Software is a little stronger, closing at 22.67 yuan, up 1.25%, which also hit a new closing high, although it only increased by a few cents.

(End of this chapter)