legendary trader

Chapter 755 7565132.52
The Nasdaq Composite traded strongly sideways around 5100 points, and Qualcomm’s stock price also retreated to above 66 yuan for consolidation. The market’s short-term leading force disappeared, and only Zhuanggu stocks and some popular stocks that were hyped by hot money were still unscrupulously rising.

Changes in the market have also temporarily silenced the rising popularity, and the popularity needs to be regrouped, which is determined by changes in people's emotions.

Chen Fan looked at it for a while and whispered to He Li: "After the selling order has decreased, it will go up again. This time, we can slow down and make an upward channel."

He Li nodded. Now, if he wants to raise Qualcomm's stock price again, he needs to wait for the above selling orders to come down before continuing, so it will take time to wait.

But at this time, Chen Fan rubbed his forehead and looked at his finger. The light was almost gone. He felt it, but he wasn't sure if it was a hallucination or something.

Chen Fan intends to ignore the index for the time being. Regardless of whether it has room to rise, he must fry up Qualcomm's stock price today, and then lower the stock price next week. First, there will be a wave of shocks. After the stock price goes down, he will follow what He Li and the others said before. , push an ascending channel out.

The stock price has been sluggish for the past few days. Although there are a lot of funds that are concerned about in the market, and there are many people who buy in the low price area, Chen Fan feels that the buying price can be even bigger. Helping people see the strength of the banker, it is estimated that more funds will be biased towards Qualcomm when choosing high-quality technology stocks. This can be regarded as a battle for funds.

At this time, although there is a huge amount of funds entering the rice stock market, facing the huge rice stock market, it is still necessary to fight for the money that should be fought. In everything, it is the first choice to leave the market first.

Qualcomm fluctuated up and down above 66 yuan, and the selling orders gradually decreased, and the market began to stabilize.

Qualcomm has someone to protect the market, and its popularity is relatively good. The overall trend is not bad, but the consolidation of the Nasdaq at 5100 points is much more dangerous.

Although there is no shortage of hot stocks that suddenly exploded in the market, there is a lack of rises in the market bellwether stocks. For ordinary investors who occupy the vast majority of the market, they still feel that the market rise has no confidence.

Previously, Qualcomm's stock price soared, leading to the rise of blue-chip technology stocks, and the popularity quickly turned to prosperity, but now these stocks have quieted down, and the market sentiment is inevitably losing.

The Nasdaq is getting closer and closer to 5100 points. If the market does not make any changes, the rate of loss of popularity will only be faster. Although this situation will not lead to a sharp drop in the market, it will certainly be harmful to the continued rise of the market outlook.

This is the view of those small and medium-sized institutions that are deeply involved in the market at present, but what do they think about the main force manipulating the market?
no one knows.

Chen Fan just guessed that they should also be shipping in a covert way at this time, but everyone didn't notice it.

After all, the recent trends of those stocks in the same period as Qualcomm are all adjustments.

Now Chen Fan is thinking about the market with this mentality, but he wants to think more, that is, today's situation and Qualcomm's market, just to continue to increase shipments, and he can also perform in the current market to attract more With the attention of many funds, the upward channel trend that will start after the callback next week should be able to attract these funds.

Although Chen Fan knows that there is no high point to look forward to in the market now.

Noticing that there were not many selling orders on Qualcomm's market, Chen Fan closed his eyes and thought for a while, then suddenly opened his eyes and said to He Li: "It's almost done, we can continue to push up the stock price."

He Li originally wanted to manipulate Qualcomm's stock price to make a short-term surge to see if there were any sell orders to come out. After hearing what Chen Fan said, he decisively gave up his plan to test the market. The five traders still maintained two main buyers. There are three main ways of selling. After all, the main job now is to ship goods. You have to keep placing orders at the upper selling price, and you have to keep smashing the market. As for the stock price to go up, you just need to keep raising the selling price.

This time, Qualcomm's rise is not the previous way of rushing higher, although the upward channel created is relatively steep, because until now He Li doesn't know what price Chen Fan wants to push Qualcomm's stock price to, so be conservative and spend a little more time Pushing up the stock price may attract more funds to enter the market.

Qualcomm's stock price began to rise, but the short-term impact on the Nasdaq was very limited. In fact, if it did not lead to other high-quality technology stocks to follow up, the impact of the rise in Qualcomm's stock price on the absolute value of the index could be said to be negligible.

But after all, it is a stock that has been stealing the spotlight many times. Qualcomm's stock price rose again and was quickly noticed by many funds, not only investors, but also many institutions.

The Nasdaq index broke 5100 points once because it couldn't bear the selling order, but the index quickly rushed up, and the trend line was like a caterpillar lying on the ground.

When Qualcomm's stock price broke through 67 yuan, this lazy caterpillar finally got a little angry, and started to look up to the sky a little bit.

But at this time, other high-quality stocks did not respond much.

With the loss of trading time, Qualcomm's stock price continued to rise along the upward channel, passing through 68 and 69 yuan and approaching 70 yuan. At this time, Qualcomm's stock price has risen by nearly [-]% today. I don't know which corner it was ranked in, but communication technology stocks such as motorcycles finally started to follow suit.

According to the current market, Qualcomm's main business is actually very chaotic. His C network technology can include it in communication stocks, but now his main source of income is technology licensing and chips. It seems that the semiconductor industry is also his main business. one of the battalions.

As for Qualcomm’s rise this time, so far only communication stocks have started to follow suit, and semiconductor stocks have not moved much. Perhaps this is the reason why the market is bullish on Qualcomm. It is because he has the core technology of the next generation of mobile phone communication standards. The technology authorization fee of the company can continue to be bullish, so the market automatically classifies it as a communication stock for the time being.

In fact, at the beginning of Qualcomm's rise, the market was already optimistic about Qualcomm because of technical standards, but it was unclear about the development direction of the mobile phone market, so many funds did not make large bets to buy stocks. regret.

The market has come to the present, along with the good performance reports of communication stocks such as motorcycles, the annual reports released by almost all listed companies in the upstream and downstream industries related to the mobile phone industry show that the mobile phone industry seems to have a bright future because they found that the mobile phone industry In terms of manufacturing and mobile phone parts production, the company's revenue and profits are continuing to grow, so it is natural to be more concerned about this type of stock.

Now it seems that Qualcomm wants to use the status of communication stocks as the leader to drive the rise of the entire communication stock sector, and the enthusiasm of institutions to participate is gradually rising.

Of course, they will not enter the market to buy Qualcomm's stock on a large scale at this time, but other stocks in related industries can still be considered.

After Qualcomm's share price approached 70 yuan, the stock price fluctuated significantly, and the selling orders in the market increased significantly. Although there were also a lot of off-market buy orders, so far He Li's pump-up has worked. They all showed a situation of selling more and buying less, but the difference between them became significantly smaller after the stock price approached 70 yuan.

However, in Chen Fan's eyes, this kind of situation feels a little wrong. Now that the stock price is fluctuating below 70 yuan, and the sell orders are still appearing, it will definitely be bad after a long time.

"Strive to break through 70 yuan."

Without warning, Chen Fan suddenly said to He Li.

He Li understood it after a moment of stupefaction. Mr. Chen probably felt that after he quickly broke through 70 yuan and stood firm, the selling orders might be reduced.

He is also aware of the difference in buying and selling orders on the market now, but he just feels a little helpless, because he doesn't know where Chen Fan is going to push the stock price, so he is a little helpless in his operations.

Now that there is a new order, it is natural to follow it. Soon Qualcomm’s market began to increase in volume. Although the purchase order did not increase much, the number of single purchase orders increased significantly. The buy order of + shares directly eats up all the sell orders of 10,000 yuan.

Although such a big move cannot last for a long time, it is impossible to only pull it up a little bit. After several consecutive purchase orders of tens of thousands of shares, Qualcomm's stock price was directly topped by 70.2 yuan. It stabilized above 70 yuan.

The stock price consolidated slightly here, and after waiting for the upward channel to go down the track, it continued to rise driven by the buy order.

At this time, in the classification of blue chip stocks in the Nasdaq market, Qualcomm has already ranked first in the price increase list. This list does not include recent popular stocks, and they are all blue chip stocks recognized in the market. On the general list of price increase lists, Qualcomm is only squeezed in the middle of the second edition, and it doesn't take the lead.

Now the Nasdaq has also risen to around 5116 points. Although the rising speed is very slow, the index has begun to approach the intraday high and can reach a new high at any time.

Qualcomm's rise continues, and the Nasdaq continues to rise, 5120 points. 5130 points.
The Nasdaq rose slowly, and Qualcomm’s stock price also rushed to around 72 yuan. When the stock price reached this point, follow-up orders have shrunk significantly. Today’s increase is a bit large, and it takes courage for funds to continue chasing higher.

"It's almost here. It fluctuates up and down and starts to pull back." Chen Fan paid attention to the changes in the market, and seeing that the follow-up of the pay order was no longer possible, he decisively gave up the action of continuing to raise the price.

Most of the sell orders entering the market now are active sell orders, which are directed at the buying orders below, so there are not many orders listed on the selling price above. He Li did not stop immediately after Chen Fan's instructions, but opened a few A buy order, and quickly sweep away the orders at several price levels above. Of course, the owners of those orders are in this trading room, so there is no psychological burden.

Finally, after a push, Qualcomm's stock price rose rapidly in a short period of time, and after squeezing the last bit of funds outside the market that were interested in entering the market, Qualcomm's stock price began to fall slowly.

More than a dozen buy orders were placed in a row, and Qualcomm’s intraday high was 72.75 yuan. However, Qualcomm’s time above 72 yuan was very limited, and it turned around in less than 2 minutes.

After the Nasdaq touched 5132.52 points, it was unable to continue to rise and began to start a callback trend.

No one knows that this point will be mentioned repeatedly in the next few years. At this time, such a high point has appeared countless times, and even Chen Fan can't guess it.

All he knows now is that the index seems to have no high point.

The market correction this time is more severe, because the market has risen for two consecutive days, and today is the third day. According to the previous trend, the market will definitely pull back next week, so at this time, whether you are bullish or bearish, you choose to reduce some stocks. Looking forward to the funds entering the market to buy bottoms after the market callback is in place.

More and more people made selling moves, and the slow pace of the Nasdaq's correction was also accelerating under the pressure of selling orders.

There are not many buy orders below Qualcomm's stock price, because some buy orders were wiped out on the way up before, but today's performance of Qualcomm is bright, which obviously makes investors very cautious about the option to sell stocks, and it is one of the few stocks in the market. One of the stocks that hasn't been hit by a sell-off.

In fact, it is not complicated to think about it. Qualcomm has been consolidating at the bottom for two months before, and now it is just showing signs of getting out of the market. At this time, which speculators holding shares are not tightly covering the stock, for fear of accidentally slipping away.

Qualcomm's stock price fell slowly under the control of He Li and others, and the decline of the Nasdaq was much more violent. When the index fell back to 5100 points, the speed was still controllable, but when it returned to the starting point of the second wave of upside, this time The strength of the market to undertake is obviously too small, and it is a little bit unable to bear the selling orders in the market.

After struggling for a few times, the Nasdaq fell below 5100 points. This time, the Nasdaq failed to stand up quickly, and the ensuing sell orders quickly pushed the index to a lower point.

After gradually moving away from 5100 points, the signs of the market turning into adjustment became more and more obvious, and more selling orders began to appear.

No one thought that a few minutes ago the market was still rising with applause, and a few minutes later the market encountered a selling frenzy.

Not only institutions are reducing their positions, but individual investors are also reducing their holdings of stocks. It’s not that they are not bullish, but they just want to exchange some cash for bottom hunting after the market correction ends.

The selling action continued until the close. In the end, the Nasdaq closed at 5048.62 points. Although it still rose by 2 points, it hit the highest closing point in history, but there was indeed a long upper shadow on the daily chart. Yin cross star.

When Qualcomm's stock price was above 70 yuan, the stock price was still relatively strong, but after the selling orders gradually increased and the buying orders decreased significantly, the stock price fell below 70 yuan, and the bad situation became more obvious.

Of course, He Li will not waste funds in the current market environment to protect the market. Chen Fan has just said that next Monday and Tuesday will be adjusted and the bottom of the arc will be repaired. After that, the trading volume will gradually increase, and the stock price will fluctuate and rise. The right half of the top construction, as for when to choose to kill to the end, it depends on how the entire rice stock market operates.

In fact, for the recent rapid switching of hot spots in the market, and the continuous rapid changes in new stocks, sub-new stocks, some Zhuang stocks, and junk stocks, He Li has already felt that the market lacks a major rising sector. Before the emergence of new sustainable hot spots, the market You should choose to adjust, rather than continue to attack as it is now.

Qualcomm closed at 68.06 yuan in the final market. In the last minute, tens of thousands of shares were bought continuously, and the price of 1 yuan was finally kept.

(End of this chapter)