The after-hours trading window continues to pulsate.
On the screen of Bloomberg Terminal, the post-market time-sharing line of Tesla is still climbing up--
It only took a few minutes to jump from 264 US Dollar to 272 US Dollar.
After briefly retreating around 270 US Dollar, it was once again supported by continuous large black market orders.
Chen Xi enlarges the transaction data one by one, and the dense buy order marks on the screen are rapidly accumulating between 272 and 274 US Dollar.
Each stroke is not particularly large, but the frequency is extremely high, like the breaking waves that hit the beach one after another during high tide.
"After-hours Trading Volume has exceeded three times the usual volume during this period."
Chen Xi slides his finger on the touch pad to bring up the Trading Volume histogram.
"This is caused by someone trying to raise money."
Zhao Chen picked up the tea cup and looked at the time-sharing line that was still rising.
272, 273, 274--every integer barrier was easily crossed,
The sell order was eaten up within a short time of being placed, and there was almost no effective resistance.
Although after-hours trading is less liquid than formal trading hours,
But at this moment, the after-hours trading density of Tesla is close to the level half an hour before the opening of a medium trading day.
"Yes, Short Sellers has not replenished it yet,"
He said, "Short Sellers is still waiting and watching.
This is a chasing market - those funds that did not dare to enter the market before Financial Report and are now eager to get on board."
"The market will officially open tomorrow, Short Sellers covering orders and chasing orders will come in together.
The two flood peaks are superimposed, and 270 is just the starting point."
Chen Xi turned the screen over, and above was a stress test she quickly pulled out Model,
"If Opening Price jumps directly to above 270 tomorrow,
For those who opened positions below 200 US Dollar and are still holding Short Sellers, the margin pressure will be instantly amplified.
Their Risk Control Department will issue a closing order tonight."
"Let them level."
Zhao Chen put down the tea cup and tapped his fingers on the armrest twice.
"The market will eat whatever they sell tomorrow.
These chips have been carried from 178 to now, and every share is bloody."
Domestic.
On the morning of July 25, Shan City, Henglong Group Headquarters.
Liu Mingyu arrived at the office an hour earlier than usual.
He barely slept last night - the after-hours trend of Tesla Financial Report on Bloomberg Terminal was refreshed until the early morning.
He saw New York closing before closing the computer.
When I turned on my phone this morning, I saw that Wednesday's after-hours increase in Eastern Time had been fully digested by the market.
Wall Street Analysts from several major investment banks updated the target price and rating of Tesla overnight--
Morgan Stanley raised the target price from 230 US Dollar to 280 US Dollar, Citigroup raised it from 240 to 290,
Goldman Sachs maintains a buy rating and raises the target price from 260 to 310.
The title of each research report carries the same set of keywords:
Delivery exceeded expectations, Gross Margin is stable, and Magic City factory progress is ahead of schedule.
While drinking his first cup of coffee today, he opened the announcement writing system of Hong Kong Stock Exchange.
The task assigned by Zhao Chen last night - prepare a business update announcement for Henglong Group,
There is no need to mention Era Vanguard, only the configuration logic of Henglong Capital in the New Energy industry chain.
He needs to draft it and send it to Zhao Chen for confirmation before dawn.
He is already familiar with the position structure of Henglong Capital--
Bidiya 4.99%, the market value of the position has far exceeded the purchase cost with the recovery of the New Energy sector.
The core logic of this announcement is simple:
The delivery of Tesla in the second quarter exceeded expectations, and the prosperity of the global New Energy automobile industry chain rebounded.
Henglong Capital's layout in New Energy's vehicle and power battery tracks will continue to benefit.
After he finished writing, he read it from beginning to end twice to make sure that every wording was prudent enough.
Without any exaggeration or promise, I left a line for Zhao Chen in the body of the email--
"Zhao Zong, a draft of the business update announcement has been prepared, please review it.
In addition, this morning, the stock price of Henglong is likely to jump short and open high. Do you need to prepare a stock price change announcement in advance?"
Thursday, July 25, 9:30 a. m. ET.
NASDAQ officially opens.
Opening Price of Tesla jumped directly to 275 US Dollar, which is about 11 US Dollar higher than the closing price of 264 US Dollar on Wednesday.
The Trading Volume in the Call Auction stage exceeded the same period of the previous trading day by more than five times, and the Buying Pressure surged like a tide.
Before the opening bell has even sounded, a dozen large orders of more than 100,000 shares poured in within the first minute.
The stock price rose straight from 275 US Dollar to 280 US Dollar, and hesitated for a few seconds before the 280 integer mark.
Immediately, it was directly penetrated by a market price purchase order of more than 200,000 shares.
Chen Xi stared at the transaction details on the screen, and suddenly clicked on the touch pad with his finger to mark several of the transactions.
"Short Sellers covering orders have begun to appear--
The commission serial number characteristics of this batch of sales orders are highly consistent with those of Short Sellers transferred from Options Chain in May.
They are used to using this kind of batch market order every time they panic to liquidate their positions."
"It's not just them."
Zhao Chen's eyes fell on the transaction details,
"There are more Short Sellers waiting in line for the window.
Between 280 and 290, every integer level is their stop loss line.
Today these lines will be penetrated one by one."
His words were confirmed almost within minutes.
After briefly consolidating above 280, the stock price began to continue its upward trend--
282, 285, 288, each integer barrier was easily crossed driven by intensive buying orders. A news message popped up on Bloomberg Terminal:
"Tesla broke through 290 US Dollar during the session, setting a new high since January 2019."
At the same time, the transaction data of NASDAQ shows that,
The seats of Hedge Fund that have appeared in Explorers Club before,
It appears repeatedly on the buy list - not selling, but buying to close a position.
The seat of White-Haired Old Man is also among them. He flattened the last batch of Short Position near 288 US Dollar.
The loss figure was enough to push the fund's annual performance to the bottom.
When the closing bell rang, the stock price of Tesla finally closed around 285 US Dollar.
The highest throughout the day was 291 US Dollar, and Trading Volume set a new high for the year.
From after-hours to the official trading session, Tesla completed a violent rise from 264 to 291 in less than 24 hours.
Short Sellers's Stop-loss Selling and chasing orders piled up in front of every integer mark, but the bulls did not give them a chance to breathe.
Chen Xi leaned back on the chair after summarizing the closing data and exhaled a long breath.
"From 178 to 291, more than one hundred US Dollar, it only took more than two months."
Zhao Chen finished the cool Pu'er, stood up and walked to Floor-to-Ceiling Window.
The last ray of sunset on the Hudson River was sinking into the water, and the entire river was dyed a deep golden color.
"It's still early." He said, "One trillion Tesla is not a dream."