Chapter 493: Acting Chairman
It turns out that the truth is here, Yuan Jie suddenly realized!
Not only that, when she connected the low point of 49,680 yuan in early February of the previous year and the low point of 54,100 yuan on August 13 this year into a long line, she suddenly found that this support line happened to pass through the lowest point of 51,710 yuan formed on November 22 last year, which was perfect as if it was pre-designed.
And the closing price of 56,660 yuan on Friday just came to the vicinity of this support line, and the point of this support line on Friday was 56,460 yuan, and the difference between the two was only 200 yuan.
The gap of 200 yuan is insignificant in the recent sharp fluctuations in copper prices, not to mention the sharp gap and low opening, even the intraday fluctuations are likely to easily reach this range, so as to break the support of this support line in one fell swoop.
That is to say, graphically, the price next week is indeed supported by this support line, but the probability of the price falling below this support line is very high.
After analyzing this step, Yuan Jie found that things have suddenly become very simple: as long as the closing price is lower than 56,460 yuan on any day next week, the support line formed by the annual lows of three consecutive years from the year before to this year will also be broken.
After breaking this support line, there is no way to reverse the downward trend. It can be clearly seen from the graph that after breaking this support line, the following three support points are the annual lows of 55,410 yuan, 51,710 yuan and 49,680 yuan this year, last year and the year before that.
Judging from the current trend pattern of copper prices, although the lows of each year in the past three years have gradually risen, the trend of the bottom is far less obvious than the trend of the gradual decline of the top in the past three years.
Especially since the beginning of this year, the rate of decline of several highs in the year is more obvious, and it is not difficult for discerning people to see that the probability of such a trend falling below the support line of 56,460 yuan is far greater than the probability of relying on this support line to rise.
No wonder Li Xin has been holding a short order and is reluctant to close the position, and yesterday he dared to increase his position in this position, it seems that it is not unreasonable for him to say that the copper price will fall below the 50,000 yuan mark, it is only a matter of time.
Also on this day, in Xue Chenzhi's office in the headquarters building of the Southern Group, Xue Chenzhi looked at the futures copper price that had fallen to 56,660 yuan on the computer screen, and couldn't help but break out in a cold sweat on his spine.
Almost on August 13, when the copper price fell to the lowest point of 55,410 yuan, because of Jin Changxing's accident, Xue Chenzhi temporarily replaced Jin Changxing to exercise the power of chairman.
From August 13th to August 22nd, the price of copper rose from 55,410 yuan to 60,690 yuan.
But before he could carefully reminisce about the taste of power, the copper price did not continue to give him a good face, and then began a wave of more rapid decline, from August 22 to September 5 in just two weeks, the copper price fell from 60,690 yuan to 56,660 yuan.
Although Xue Chenzhi was the vice chairman of the board of directors before, he used to be above 10,000 people under one person in the Southern Group. However, as the director of the smelter, his focus is on the first line of production. So for so many years, he has been resident in the smelter, and his time at the group headquarters is very short, often because of meetings or discussions to the group headquarters for a day or two and then go back.
The last nearly a month was the longest he had ever spent at the group's headquarters.
He had just begun to get used to using the telephone to remotely direct the production of the smelter and experience the wonderful feeling of monopolizing power, but he was completely distracted by the rapidly falling copper price.
In the past, when Jin Changxing was in power, Xue Chenzhi only needed to arrange the production work and product sales tasks according to Jin Changxing's instructions.
At that time, the fluctuation of copper prices also affected the profits of smelters at any time, but the copper price of more than 50,000 yuan was still quite good for smelters. As long as the life of the smelter can go on, Xue Chenzhi really doesn't want to worry about other problems. At that time, he thought in his heart: Anyway, there are some things that you Jin Changxing decided to do, and I am not in his position and do not seek politics, and I can't work hard for those things.
But now it is different, after Xue Chenzhi replaces Jin Changxing as the chairman, in addition to the one acre and three points of land in the smelter, he now has to consider all aspects of the entire group.
On August 13th, after Xue Chenzhi was appointed to preside over the overall situation of the Southern Group, the copper price rose from 55,410 yuan to 60,690 yuan in just over a week.
It is said that the official level crushes people to death, although Xue Chenzhi was the vice chairman of the board of directors before, but before he held the power of the number one, he still didn't know many things within the group.
After exercising the power of the chairman this time, there was no resistance, and Xue Chenzhi immediately set out to understand some issues that he was not very clear about before.
After he fully understood the predicament that the Southern Group was now facing, the pleasure he felt when he was in power just now immediately dissipated, and he couldn't help but be secretly shocked in his heart: How could it have come to this point, isn't it just a mess that he has taken over? If he knew this, it would be better not to do this acting chairman, this is all some work to wipe people's butts!
It was difficult for him to ride a tiger and think about it: it is not difficult to revitalize this mess, as long as the price of copper can rise, then everything will be solved, otherwise, it will be useless for the gods to come!
As soon as he thought about it, he encountered a wave of rapid rise in copper prices from August 13th to 22nd.
Those days were the happiest hours of his month.
He knew very well in his heart that Jin Changxing was already a disabled person after the operation, and Jin Changxing's performance was lackluster when he was in power, and the Southern Group was getting worse, and the possibility of Jin Changxing resuming the chairmanship after being discharged from the hospital was very small.
The reason why he can act as the chairman of the board shows that in the above perspective, there is no more suitable person than himself, otherwise he would not have been in danger.
Now there are still a few months to go until the end of the year, as long as I can improve the performance of the Southern Group in the remaining time, so that this year's annual report data has a significant improvement compared with last year, then next year, the word agent before the chairman's position is likely to be removed. From then on, he could justifiably carry out his ambitions within the Southern Group.
When it comes to technology, Xue Chenzhi, who was born as the director of the smelter, has never taken Jin Changxing and Liu Zhongzhou and his ilk seriously.
In his eyes, Jin Changxing and Liu Zhongzhou are okay to play with their wrists, but if they are really skilled in terms of technology, he is the natural leader of the Southern Group.
As the saying goes, there is no 100 days of red, not to mention that the color of this flower is not very beautiful, from 55,410 yuan to 60,690 yuan This wave of rise only lasted for more than a week, and the copper price turned down again, and fell to 56,660 yuan again within two weeks.
Even if Xue Chenzhi is not very familiar with the trend of futures prices and is not very good at looking at the K-line chart, he can still see that the price is approaching downward again, and may even fall below the previous low of 55,410 yuan.
At a loss, he brought Huang Hongliang and Zheng Guorui to the office to discuss countermeasures: "How do you think copper prices will go in the future?"
Huang Hongliang and Zheng Guorui looked at each other, not knowing how to answer Xue Chenzhi's question.
From the bottom of their hearts, the two of them, like Xue Chenzhi, are very aware of the current supply and demand situation, and under the current pattern, the possibility of copper prices hovering at a low level or even falling is far greater than the possibility of rising.
They believed in their hearts that Xue Chenzhi, who was born as the director of the smelter, must also know this, and Xue Chenzhi should not be as bullish on copper prices as Jin Changxing did.
But at this juncture, the rise or fall of copper prices is a big matter of life and death for the Southern Group, even if Huang Hongliang and Zheng Guorui know very well that copper prices cannot rise, they do not dare to say their judgments at will.
Xue Chenzhi, who was anxious, saw that the two of them did not speak, and his heart was a little angry.
But he just started to preside over the overall situation, and he knew very well that in the current predicament, he would definitely be unable to support himself alone, and he needed someone to help and assist him from the side.
At this time, the most important thing is to win people's hearts, after all, they are in danger, and there are two words before the chairman's position, whether the subordinates are convinced of themselves, and whether they will make stumbling blocks for themselves in the future at work, these are still unknown.
If he arrogantly shows his official authority just after he came to power, and sets the emotions of the following people against him, then they will definitely not be the only ones who will be uncomfortable in the future.
So Xue Chenzhi secretly suppressed the unhappiness in his heart, changed the topic and asked: "Today we are not here for a formal meeting, but a heart-to-heart chat, what are your good plans for the future development of the company, and what do you think is unsatisfactory about the company, you can talk to me without reservation." Whether I'm right or not that's a matter of technology, I'm a very open-minded person, and I don't have a hostile and suppressive attitude towards dissenting opinions, as some people do. Whatever we've said here today is limited to the three of us, and that's it, leaving this office as if nothing had happened. ”