KLine Refinement Analysis Lesson 7: The bullish breakup line of sustained form

Recognition Rule
1）The market was in an upward trend before, followed by a large negative line;
2）Then a second large positive line appears, and the opening price is the same as the opening price of the first negative line;

Psychological Analysis
Suddenly, a large negative line appeared in the upward trend, which inevitably caused investors' speculation and suspicion. However, the market opened high the next day and the opening price was the same as the previous day's opening price, completely recovering the decline, and then continued to rise until the close. This indicates that the previous upward trend did not change direction due to the first negative line, and the market still continues its original upward trend. The longer the entity of the second positive line, the shorter the up and down shadow lines, and the stronger the bullish signal in the future.

Related Forms
None.

Practical Application

2019year8month30Riwentai Technology continued to rise in the early stages80%After that, there will be a single day7.84%The big negative line, opening price49.68Yuan, and the next day after the opening, the limit up will be directly sealed, and the opening price will be50.28Yuan, slightly higher than the previous day's opening price, followed by a rapid upward trend, as of9month24Continuing to rise at the end of the day60%。

***Risk statement***
KLine analysis is only an indicator tool used to judge the strength of buyers and sellers in the market and market sentiment. How to identify and study is subjective to some extent. It may not be correct to judge the future market. Many fundamental investors never analyzeKChoosing to hold high-quality individual stocks for a long time has also resulted in significant returns. Please evaluate for yourself whether and how to use itKLine tool.