Divine Lucky Star
Chapter 539 - 538: This slap on the face really resonates with a smack!

Chapter 539: Chapter 538: This slap on the face really resonates with a smack!

"This... this..." Zhang Baowen stared agape at the stock Wang Hao had chosen for quite a while before suddenly bursting into uproarious laughter, "Hahahaha! Little bro, you are really funny! This calculation of yours is too amusing, hahaha!" His laughter grew more and more exaggerated until finally, as he hugged Wang Hao’s shoulders, he could hardly catch his breath from laughing: "You must be joking with me, right? With this stock, I don’t even need to look; an idiot would know there’s no future in it, ahahaha!"

Seeing Wang Hao actually choose such a stock, the few others present also started getting anxious.

There’s no helping it; even someone who doesn’t know how to trade stocks wouldn’t buy this kind of stock. But he actually picked it; isn’t this giving others the opportunity to slap our faces?

"Master Wang, this..." Jiang Huanyu was also anxious.

There was nothing to be done; Wang Hao had picked such a plummeting stock, even if she wanted to help, she wouldn’t be able to be of any use!

"Ah, actually, it’s no big deal," Wang Hao stayed totally unfazed, he smiled and took a sip of water, saying, "I was just randomly picking, hehe."

"Ah, I knew it," Zhang Baowen cleared his throat and said earnestly, "Master, you might barely get by with reading fortunes, but when it comes to stocks, that’s an absolute no-go. However, since the master has made his choice, let me analyze this stock for everyone. It will give the master a chance to understand what stocks are."

He started explaining—

"First of all, this stock does have a trend." Zhang Baowen pointed at the stock and began his analysis for everyone: "Let me explain to you the four types of K-line patterns. You see this little square here? This is called a K-line, and combinations of three K-lines can form the four most basic types of stock market trends: top patterns, bottom patterns, falls, and rises. What is a top pattern? It’s when the high point of the second K-line is the highest among the neighboring three K-lines, and its low point is also the highest among these three K-lines, defined as the peak of the top pattern. So what is a bottom pattern? It’s just the opposite of the top pattern – the high point of the second K-line is the lowest among the neighboring three K-lines, and so is its low point, defined as the bottom of the bottom pattern."

"This is what they call fleeing the top and scraping the bottom, referring to these tops and bottoms."

"Next comes the trend, if the bottoms of the three K-lines fall consecutively, that indicates a downturn; if the tops of the three K-lines rise consecutively, that’s an uptrend. Logically speaking, a single K-line or two K-lines alone can arrange only upwards or downwards anywhere in the trend and cannot form a stable characteristic. Only three K-lines, having confirmed the final direction, can constitute a basic stable unit. Similarly, the trend’s resultant force that we deduce later on is also based on the combination of three as the basic unit of stable direction."

"The top pattern, bottom pattern, rising, and falling are the four most basic units of stock market trends, equivalent to the primary unit in geometry - the point. Then, larger concepts such as lines, planes, and solids are all derived from the concept of a point. Similarly, any shape in stock market trends is a combination of these four basic units: top and bottom patterns, rise and fall. A finite classification of trend shapes will ensure a clear and precise categorization of the complex stock price movement, which also provides a basis for eventual mechanized trading."

He truly lived up to being a professional-level financial analyst; his fundamental theory on stocks was impeccable, and even those without trading experience, like Guo Wenming and Zhang Li, could understand the gist of it.

Having finished the basics of the theory, Zhang Baowen began to analyze the stock for everyone: "Having discussed the theory, let’s now look at this stock. You see, this stock has always been in a state of hitting the lower limit. Count back, hasn’t it hit the lower limit six times already? This is a typical downward trend. In the stock market, everything can be analyzed except for trends that cannot be changed by an individual’s power. What does this mean? It means whoever buys this stock now will lose, as nobody knows how many more lower limits are ahead."

He said this and glanced at Wang Hao again, smiling and saying, "Master, your analysis of this stock isn’t that great. And that’s just from a superficial glance. Normally, a professional analyst like me certainly wouldn’t just look at the surface. Now let’s take a look at the fundamentals of this stock. First, you see, the total assets of this stock are around three billion, yet last year’s net profit was a loss of about twenty million. In the realm of loss-making stocks, it’s clear that whoever buys will lose, no need to think about it. So Master Wang, if you stick to reading fortunes or something, you might manage, but with stocks, I suggest you better not say... Eh? Eh?!"

He had just gotten to this point when his speech suddenly came to a complete halt!

Everyone hurriedly looked over and saw that the chips piled on the lower limit of the stock, in just the blink of an eye, were actually completely eaten up!

And then, they saw a line begin to shoot up from the lower limit like a rocket taking off, and in the blink of an eye, it went from the lower limit to the upper limit! Then hundreds of thousands of orders nailed the stock sternly to the upper limit!

Zhang Baowen: "..."

Jiang Huanyu: "..."

The other shocked onlookers: "..."

"How... how is this possible?!" Zhang Baowen’s eyeballs almost stuck to the phone screen, as he shrieked in disbelief, "What’s happening?! How can this stock reverse such a downtrend?! It’s impossible! I must be seeing things!"

Saying so, he took off his glasses, vigorously rubbed them, and then, after he put his glasses back on...

The stock was still at the upper limit...

Well, this is awkward.

He had just said that the stock’s various K-lines were bad and the fundamentals were poor, when in the blink of an eye, it hit the daily limit increase, his face was smacked so loudly it practically echoed!

Wang Hao looked at him with a mischievous smile, "Mr. Zhang, what do you think about this..."

"This... this..." Zhang Baowen was instantly sweating buckets; his mouth quivered, but there was no help for it. Once the words were out, he had to see the face-slapping through, even if he had to get on his knees! He quickly tried to find a way back, "Well, the thing is... if you look at this stock, there must have been some amazing twist for it to do this. I feel that this belongs to the unexpected events in the stock market, it doesn’t have much reference value. I still believe in taking it bit by bit..."

"Master Wang!" Jiang Huanyu didn’t bother with Zhang Baowen anymore; the way she looked at Wang Hao was now like the most devout believer gazing at their deity, she hurriedly said, "I can’t buy that stock now, could you recommend another one?!"

"Sure," Wang Hao nodded, then grabbed his phone, randomly selecting another. This time, it wasn’t a stock at its daily limit down, but one that had dropped seven to eight points. He couldn’t be bothered to look at any K-lines or other such nonsense, just casually saying, "How about this one, I feel it’s pretty good."

"Okay, okay, I’ll buy it now..." Jiang Huanyu said preparing to buy when Zhang Baowen promptly grabbed her phone, "Hold on! Mr. Jiang, what just happened was purely accidental, let me analyze this one for you properly this time!" Grabbing the phone, he started to look it over, "Hmm, this stock’s K-lines don’t look optimistic. Look, it’s broken several major support points and is sure to continue plummeting. Mr. Jiang, you can’t be so impulsive, after all, it’s several million at stake, one stop down could mean hundreds of thousands gone... Eh? Damn it!"

Like before, just as he finished his analysis, he saw that this stock too shot up, within two minutes rising from the seven to eight point drop straight to the daily limit increase!

And just like that, his face was slapped again, snap, snap, snap!

"Mr. Zhang!" Jiang Huanyu was livid, feeling like she had just missed out on billions in an instant, she said furiously, "If it weren’t for you, I would have bought it! Look, that’s hundreds of thousands not earned!"

"I... I..." Zhang Baowen, dripping in cold sweat, stammered, "I was just trying to make you be cautious, after all, the stock market changes in the blink of an eye..."

"Brother Hao! Brother Hao, I need your guidance!" Guo Wenming, not caring for him any longer, clung to Wang Hao, "Brother Hao, please pick another stock for Mr. Jiang! We’ve already missed out on two!"

"Alright," Wang Hao laughed and nodded, then casually flipped to another stock, this time picking one that had already risen two points, saying, "How about this one, I find it quite pleasing to the eye..."

Masters really are masters, huh! Picking stocks based on personal appeal and not analysis!

Jiang Huanyu hastily began to place her order—given the rhythm just now, any delay could mean missing out on hundreds of thousands!

"I refuse to believe this!" Zhang Baowen was now completely frustrated. He decisively picked a stock he had always been fond of, saying, "I’m buying too, today I will show everyone what real stock market technique looks like!"

After quickly finishing his purchase, Zhang Baowen proudly shook his smartphone to show everyone, then analyzed while looking, "Look at this stock, eh, it has already broken through three resistance levels, it will surely soar like breaking bamboo! Plus, the fundamentals are good, it earned over thirty million last year. This is what you call a long-term stock, I’ve just bought about three hundred thousand worth. As for those few stocks the so-called master mentioned, they were just flukes..."

Wang Hao, "It seems pretty average to me, doesn’t look as good as mine."

Sure enough, no sooner had Wang Hao spoken than Jiang Huanyu exclaimed from the side, "It’s gone up! It’s gone up! Master Wang is truly amazing!"

Zhang Baowen, "..."

Damn, it’s gone up again?! How is that possible?!

He was a thousand times, ten thousand times skeptical, but one glance and wasn’t it just that – another increase!

And it wasn’t over yet; the stock from before had skyrocketed from two points to hit the daily limit, and given the momentum, it looked set to continue the next day! But Zhang Baowen’s stock, that was a tragedy...

"It’s... dropping!" Guo Wenming shouted, "Mr. Zhang, your stock is dropping!"