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30.2% "Super Stock Trader" / Chapter 45: Chapter 045 Luo Chen

บท 45: Chapter 045 Luo Chen

"Is it true?"

Someone exclaimed incredulously.

Chen Wei and his colleagues worked in a large office building owned by their company, Meitai Trading. The building had three floors at the top dedicated to their company.

The Bullpen and Wang Wentao's office were located on the twenty-eighth floor, Groups One to Four on the twenty-seventh, and Groups Five to Eight on the twenty-sixth.

Although Chen Wei's Group Seven and Group Three were on different floors, they didn't interact much. Therefore, when they heard Zhou Yi's statement about the Group Three leader, Luo Chen, earning one hundred thousand in a month, everyone was shocked.

Even more astonishing was the fact that Luo Chen's background was influential enough to make even the CEO, Wang Wentao, cautious.

For a company as large as theirs, situated in the U.S. stock market, the CEO, Wang Wentao, was considered a significant figure. If even he dared not offend Luo Chen, it raised questions about Chen's background.

However, Zhou Yi's claim was met with disbelief until he mentioned that he heard it from Liu Xuehai in Group Three.

"If that's true, then it's really impressive!"

"Amazing! I wonder when we'll be able to earn one hundred thousand in a month!"

"One hundred thousand? What about Chen Ge? He earned over one hundred thousand in just a few days!"

"But that's Chen Ge's earnings, not yours! Don't you envy someone earning one hundred thousand in a month?"

"...But have you ever thought about our boss, Zhao Ge...? He must be feeling quite stifled!"

"Yeah, I hadn't thought about it before, but Zhao Ge must indeed feel stifled! He wanted to dismiss Wang Dongcheng, but instead, Wang Wentao transferred him to Group Three. Zhao Ge must be feeling really stifled!"

"Indeed! Look, Zhao Ge wanted to dismiss Wang Dongcheng, but he's close to Luo Chen, and Luo Chen has significant background support. Zhao Ge might be in trouble!"

"Poor Zhao Ge, this is an undeserved calamity!"

"I don't think so. Zhao Ge has been with Wang Wentao for over ten years, he's a veteran. If Luo Chen really wants to mess with Zhao Ge, Wang Wentao will definitely support Zhao Ge, won't he?"

"Do you really think so? Remember how Huang Zhaokun, the former leader of Group Three, was treated? He was also a veteran who had been with Wang Wentao for over ten years, but he ended up being kicked out!"

"But didn't Huang Zhaokun resign on his own?"

"Do you believe that?"

...

Chen Wei listened quietly to the discussions among his colleagues, feeling a sense of emotion. While his relationship with Zhao Yang wasn't particularly good, he felt that Zhao Yang's decision to dismiss Wang Dongcheng wasn't entirely unreasonable.

If Wang Dongcheng harbored resentment towards Zhao Yang, Chen Wei could understand that. And if Luo Chen was taking Wang Dongcheng's side against Zhao Yang, Chen Wei could also understand that.

But if Wang Wentao were to stand with Luo Chen and suppress or even dismiss Zhao Yang over this matter, Chen Wei would begin to question Wang Wentao's character.

However, it was still too early to make such judgments, as these were just baseless speculations from his colleagues.

Just before the market opened, Zhao Yang made his usual rounds, offering advice on cautious trading and stop-loss strategies before leaving.

Once the stock market opened, Chen Wei focused on several SSR stocks. Instead of immediately entering the market, he observed their movements for a while.

These stocks were fluctuating within a narrow range, making it difficult to judge their direction. Chen Wei decided to wait until their prices stabilized, similar to STML's decline the previous day, before entering the market.

Estimating that it would take at least half an hour for these stocks to stabilize, Chen Wei looked for other opportunities.

Eventually, he found one: QTT.

The current price range for QTT was between 5.00 and 5.10. Since the market opened, the stock had been fluctuating within this range, unable to break through either price point.

There were several hundred buy orders at 5.00 and several hundred sell orders at 5.10, but not many orders in between.

Chen Wei became interested and focused his attention on QTT, anticipating a breakout.

He placed two hundred buy orders at 5.05 and waited patiently.

Within moments, QTT broke through the 5.10 resistance level, reaching 5.20. However, the buying pressure wasn't as strong as expected, and resistance remained at 5.15.

With several hundred sell orders at 5.20, Chen Wei realized that the price might not rise significantly.

He placed a hundred sell orders at 5.19, anticipating a slowdown in the upward momentum.

As expected, the price began to drop, reaching 5.03, and Chen Wei's buy orders at 5.05 were executed.


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