KLine Analysis Lecture 11: Sustained Form of bearish three line strike

Recognition Rule
1）Previously, the market was in a strong downward trend;
2）Three consecutive small pubic lines appear;
3）Finally, there appears a large positive line that opens low and closes high, with the closing price above the opening price of the first negative line.

Psychological Analysis
The market operates in the original downward trend, which can be verified from three consecutive negative trends. On the the fourth day, the downward trend continued to open at a low level, and then a large number of bargain hunters began to pour in, causing the market to suddenly turn and develop in the upward direction. This strong turn has greatly released multi energy in a short time, but no new OTC investors chose to join many parties later, The market continued its downward trend after absorbing these underprices.

It should be noted that this form is suitable for a strong downward trend, which is also in line with the commonly said "bear market often leads to a surge". Whether there is a single day surge in a bear market is reflected in short-term concentrated buying by copying the chassis.

Related Forms
None.

Practical Application
This case is quite special,Because the bearish third line strike pattern in the case has appeared recently,It is not yet known whether the downward trend will continue in the future, but rather a public experiment to see if technical analysis is truly useful.

China National Nuclear Corporation,8month26Daily listing,After the opening of the stock market, like other new stocks, it opened a path of negative decline,But even the path of decline will be accompanied by many rebounds,And when it rebounds, the increase is not small,Because many new investors will be attracted to take bottom bets.

2019year9month18For the next four days, three small Yin lines mixed with a small Yang line(Increase0.23%,It can also be equivalent to a cross star or a small overcast line),after9month24Daily collection of one5.67%Big Yang Line,The opening price is almost the same as the previous day's closing price,Closing price above9month18Opening price of the first positive line on the day,A positive line has regained the decline of the previous four days. This is also why many new investors are willing to participate in secondary new shares,As long as we get lucky and encounter a rebound,Money is really fast.

However, based on today's bearish third line analysis,The probability of the future market continuing to decline,Waiting for market validation or falsification.

***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.