allonlinenovel Chapter 23 Secure the Pocket
Chapter 23 Secure the Pocket
In the securities brokerage, the huge electronic screen is currently focused on a line of constantly changing numbers—Shenzhen Technology, 20.99 yuan.
Just one day ago, Shenzhen Technology opened at 11.91 yuan and ultimately closed at 16.99 yuan with a domineering attitude, a single-day surge of more than 40%.
At that moment, the brokerage office erupted like a volcano, with all the retail investors who had followed the young man's lead in buying in cheering deafeningly, almost lifting the roof off.
They embraced each other, their faces flushed with extreme excitement.
Those retail investors who missed out due to hesitation and observation looked ashen-faced, some even slapping themselves hard, muttering, "If only I had known... if only I had known..."
The frenzied price surge reappeared on March 30th with even greater ferocity.
The stock opened at 17.55 yuan, and after a brief period of fluctuation, it surged forward relentlessly. Each upward jump in the price was accompanied by suppressed gasps from the trading hall.
Ling Yun sat in his reserved seat by the window, the candlestick chart on his computer screen so steep it was almost unsettling. He wasn't staring intently at the constantly updating price; instead, he was paying closer attention to the ever-changing volume and turnover bars below.
His calmness stood out starkly against the tumultuous atmosphere around him.
Wang Degui, a local thug with connections in both the legitimate and underworld circles, had completely lost his former gangster air. He was leaning forward, half his buttocks on the chair, his hands nervously rubbing together, and his forehead was covered in fine beads of sweat.
He kept glancing at Ling Yun out of the corner of his eye. His entire fortune, plus the funds he had borrowed through various channels, was tied up in this stock that had created a legend, just like Ling Yun's. Every tiny expression on Ling Yun's face tugged at his nerves.
"Brother Ling... Brother Ling," Wang Degui's voice was a little hoarse, "this...this is still rising! It's about to reach twenty-one!"
Ling Yun didn't turn around; his gaze remained fixed on the screen, and he gave a faint "hmm."
On the other hand, Professor Liu appeared much more "composed." He held the thermos cup filled with strong tea, gently blew on it, took a sip, and let out a satisfied sigh.
However, the slight whitening of his knuckles as he gripped the cup betrayed the turmoil within him. He was an intellectual, a self-proclaimed rational investor, and although he had bought in under Ling Yun's influence, he preferred to attribute this success to his own "precise" timing and "unique" insight.
"Old Wang, calm down." Professor Liu adjusted his gold-rimmed glasses, his tone carrying a scholarly analytical quality. "Shenzhen Technology has excellent fundamentals and clear growth potential. In my opinion, the current price does not reflect its true value at all. Technically, the moving averages are in a perfect bullish alignment, the MACD is in a golden cross and trending upwards, and the volume and price are in good alignment. This is clearly the pattern of a major upward wave. It's too early to say it's topped out now."
He looked at Ling Yun, trying to gain his approval: "Ling Yun, what do you think? According to wave theory, the rise of the third wave is often the most explosive, and this may just be the beginning."
Ling Yun finally turned her head, her gaze sweeping over Professor Liu's confident face, then glancing at Wang Degui, who was so nervous he was about to have a spasm, before finally returning to the screen.
2:50 p.m.
The stock price on the screen continued its stubborn upward climb, with the closing price of 21 yuan seemingly within reach. However, Lingyun clearly saw that the volume bars, representing the strength of the funds, were quietly shrinking. The continuous rise had consumed too much buying power, and the funds following the trend were beginning to hesitate at such a high level. The trading volume was significantly lower compared to the same period in the morning and yesterday.
This is a sign of exhaustion.
"Clear out all positions." Ling Yun picked up the phone and called the trader. "Current price: 20.85. Sell everything."
On the screen, the holdings information refreshed instantly. 37 shares of Shenzhen Technology, at an average price of 20.85 yuan, poured into the market like a flood. The massive sell orders instantly swallowed up the buy orders at several price levels below, causing a slight fluctuation in the market.
The transaction is complete, and 771 million has been credited to the account.
Ling Yun leaned back in his chair and let out a soft breath.
The whole process took only a dozen seconds. Wang Degui stared wide-eyed at Ling Yun, then his face twitched as he looked at the stock price on the screen, which was still hovering around 20.99 yuan. He was still fiercely battling the greed that "it might rise further," but just a few seconds later, his almost blind trust in Ling Yun overwhelmed everything.
"Damn it! I followed!" Wang Degui roared, as if to bolster his courage. He lunged at his phone, frantically starting to operate the system, muttering, "Close the position! Close all positions!"
In stark contrast to Wang Degui's decisiveness was Professor Liu's hesitation.
The composure on his face vanished, replaced by surprise and struggle. He looked at Ling Yun's profile, still calm after clearing out his position, and then stared intently at the still-rising red candlestick on the K-line chart.
"Lingyun, isn't this...isn't this being overly cautious?" Professor Liu's voice was urgent. "Once a trend is established, it doesn't easily change. Look at the closing price, firmly holding above 20.99, the bulls are unstoppable! Selling now would mean missing out on the biggest profits!"
He tried to convince the other party, and himself, with more professional terminology: "Look, this low-volume rise, in some cases, can be interpreted as good shareholding and light selling pressure! At this time, you should hold firmly, and even... consider adding to your position on a pullback!"
Ling Yun offered no explanation, nor did he even glance at Professor Liu again, before beginning to tidy the things on his desk. His actions indicated that he had lost interest in the situation here.
Explanation is superfluous. In the stock market, everyone's perception determines their behavior, and behavior determines their profits and losses. He was reborn with a prophetic perspective unmatched in this era, which cannot be compensated for by a few technical analysis books and wave theory.
At 3 p.m. sharp, the closing bell rang.
The final closing price settled at 20.99 yuan. A burst of enthusiastic cheers erupted once again in the brokerage, especially among the retail investors who had held on until the very end, their faces beaming with blissful disbelief.
Wang Degui let out a long sigh of relief, slumped into his chair, and then excitedly moved closer to Ling Yun, lowering his voice and his face beaming with barely suppressed elation: "Brother Ling! Amazing! Absolutely amazing! I... I've never made so much money in my entire life!"
Professor Liu, looking at the dazzling yet alluring closing price of 20.99 yuan, lost the last trace of hesitation on his face, replaced by a sense of relief that "just as expected" and satisfaction with his "rational judgment."
He even said to Ling Yun and Wang Degui with a hint of superiority, "It seems the market has proven its value. Sometimes, patience is more important than technique."
Ling Yun smiled noncommittally, picked up his bag, and stood up.
"Brother Ling, it's my treat tonight at Baiweilou! We won't leave until we're drunk!" Wang Degui quickly followed, his face beaming with joy.
"No, Brother Wang." Ling Yun shook his head, glancing at the bustling street outside the window. "I have other things to do. I need to check on the internet cafe's renovations and contact them about the new computer parts."
Professor Liu watched the two figures leave, then looked at the perfect closing price on the screen, picked up his thermos, and took a big, satisfying sip.
"Young man, still too green, too impatient." He muttered to himself, his tone tinged with regret, but more so with pride in his "perseverance".