The Rebirth of the Financial Hegemon

Huaihai Financial Building is not far from the Stock Exchange at Richard Hotel, only a five-minute drive away.

As usual, the exchange was extremely noisy.

In the noisy environment, no one would have thought that hundreds of billions of funds are circulating every day in a place like a vegetable market.

Zhao Jiangchuan, wearing a red vest numbered 809, immediately entered the venue with Fang Zhongyuan and Zhang Hua.

This is one of the codes for company seats.

"Boss, as per your instructions, I have been keeping an eye on Changhong's trend in the past two days. As soon as the news came out yesterday, Changhong fell by 1%. As soon as the market opened this morning, it dropped by 3%.

In the few minutes since you came here, it has dropped another three points. "

The speaker was Liu Qiang, an old subordinate brought over from Yinshen by Fang Zhongyuan.

With several years of experience in securities trading, it is perfect for me to be responsible for daily order placing and market tracking.

As Liu Qiang said, Changhong's stock price fell by 50 cents per share on the last trading day, and it fell by almost 1% after opening high and diving.

This morning, Changhong opened higher again, but soon plunged again. By the time Zhao Jiangchuan and his party arrived, Changhong had fallen by 6%.

The stock price has dropped to 12.10 yuan from the opening price of 12.85 yuan.

Each share fell by more than 70 cents.

"Now Changhong's moving average bull arrangement has been broken through. From a technical point of view, it is estimated that it will break the previous low. Now that this big negative line has gone down, all daily supports have been broken through. It is estimated that the price will not rise in a while and a half. .”

Moving averages, long positions, and technical indicators.

It is the basic skill of technical analysis of securities trading, but in the 1990s, few people would have heard of these things.

It has to be said that Liu Qiang has been engaged in securities trading for many years and has a very professional level in technology.

To be able to say something like this, it was obvious that he had put in a lot of effort.

From this point alone, it was clear that Fang Zhongyuan valued him and wanted to drag him to the Flashstone. Just being able to read K-line charts is much better than ordinary retail investors.

The price of the K-line is formed by the game of funds.

Every price change comes from the result of the game between buyers and sellers.

From a conventional perspective, what Liu Qiang said makes sense.

The moving average support has been smashed by countless short orders from sellers, which means that the long side is defeated here in the short term.

This defeat will put a lot of pressure on the buyer, both financially and psychologically.

Just like the two sides fighting on the battlefield, the losses of many parties will inevitably increase the psychological pressure, which is very detrimental to buying.

The total failure of technical support means that the psychological defense lines of many parties have been penetrated.

That big negative line that broke through all the supports was like a butcher's knife, slashing all those who dared to buy.

In this case, if multiple defensive positions fail, they will often flee like a defeated army.

That's why Liu Qiang believes that if this big negative line, which has fallen by 6%, is hit, it will be difficult for Changhong's stock price to rise in the short term.

Lost funds are like defeated deserters. It takes time to restore morale.

Zhao Jiangchuan nodded secretly.

Being able to say such words is considered a talent in this era. With a little guidance, he can dominate one side if he is released.

However, these traders are all retail investors after all, and cannot see longer-term things in the real game.

"Technically your analysis is okay, but have you noticed the trading volume?"

Liu Qiang was stunned.

People who can be traders are often very conceited, especially those who rely on technical analysis and believe in their own skills.

Liu Qiang has been trading all year round and is very confident in his trading skills.

Suddenly hearing Zhao Jiangchuan say that his analysis was just a makeshift, he was naturally very unhappy.

Zhao Jiangchuan is too young.

It's hard to be convinced by someone who is less than twenty years old.

So even though Liu Qiang knew that Zhao Jiangchuan was the real boss, he was still somewhat dissatisfied.

However, he didn't dare to say much. Given his status as the boss, he, a part-time worker, had no right to speak.

Liu Qiang's displeasure made Fang Zhongyuan immediately sit up.

Others don't understand the horror of Zhao Jiangchuan. How could he, the vice president, not understand it? Otherwise, he wouldn't hang out with such a young man.

But Liu Qiang was someone he recruited personally, so it was not easy to reprimand him in front of so many people.

Fang Zhongyuan had no choice but to ask Xini.

"Boss, what do you mean by this trading volume?"

Zhao Jiangchuan smiled and didn't care. He understood that Fang Zhongyuan was somewhat embarrassed to be caught in the middle.

As for Liu Qiang's displeasure, given his status, he could not care.

Dragons do not compete with ants.

Liu Qiang, a human being, is just an ant in Zhao Jiangchuan's eyes, an ant that can help him carry wealth.

If there is any difference between this ant and others, it should be regarded as an ant with an extra wing.

"Pay attention. It has dropped by 6% now, but the trading volume is not more than half of yesterday. Why is this?"

Liu Qiang was dumbfounded.

He took a closer look and found that it was indeed what Zhao Jiangchuan said.

Compared with the 6% drop so far, compared with the 1% drop yesterday, yesterday's trading volume was even greater.

Theoretically this shouldn't be correct.

Everyone knows that stocks use a real-time bidding mechanism to match transactions.

This mechanism means that if the stock price wants to rise, there must be funds to buy the stock in the hands of the seller.

In the same way, if the price of a stock falls, it means that the funds in the hands of the buyer are not as large as the market value of the stock in the hands of the seller.

Between one purchase and one sale, the cumulative number of changes of hands is the trading volume.

This trading volume means the inflow and outflow of real money, and all K-line forms are the final result of each transaction.

Liu Qiang suddenly realized.

There can only be one reason why the trading volume has shrunk but the decline has expanded.

One is rapid over-selling, and the price is quickly suppressed before the buyer has time to buy.

Because as long as the price of buying one cannot keep up with the price of selling one, the stock price will plummet. But this situation can often be seen in some highly controlled stocks.

When something goes wrong, there must be a monster.

Changhong's rights issue announcement is neutral on the surface.

In the past two years, it has become normal to speculate on high-allocation shares and bonus shares. Basically every stock will speculate on these themes.

After a while, it will be the time when Changhong's stock price will pay dividends and ex-rights, and the market suddenly changes. In all likelihood, it is estimated that the funds inside are taking the opportunity to wash the market.

With Zhao Jiangchuan's character, he would naturally not remind others casually.

He mentioned Liu Qiang just because he wanted to see how Liu Qiang's domain ability was.

After all, any industry or profession requires talent. Some people may work hard all their lives and still get no results.

This is very realistic and cruel.

Especially in an industry like speculation, personal talent, perseverance, sensitivity to the market, etc. are all related to a person's development.

If possible, have one more coolie to help him with the work.

After the team really gets up, these old people can train new people, and Zhao Jiangchuan can take off and be lazy.

If it doesn't work, there will be no one, so let Liu Qiang continue to be his salted fish.

Zhao Jiangchuan's words were like an enlightenment, making Liu Qiang understand a lot of things instantly.

This is undoubtedly a great improvement for his career.

Therefore, when he looked at Zhao Jiangchuan again, the dissatisfaction before was no longer in his eyes.

Sure enough, no one who can make so much money relies on luck.

"Boss, shall we scan the goods now?"

There was unconcealable excitement in Liu Qiang's words, his eyes were shining, and there was no arrogance in his tone.

Zhao Jiangchuan was very satisfied.

Hey, it’s so hard to find a better coolie.

Fortunately, he's not too stupid, so I'll find more things for this guy to do in the future.

It's a pity that Liu Qiang couldn't hear Zhao Jiangchuan's heart, otherwise he wouldn't know whether to cry or laugh.

"Start scanning the goods, and try the water with five thousand hands first."