a**5 consecutive trading days before and after the holiday, **generally has a considerable range**, I believe everyone has also recovered a lot of losses.
In the past two months, the market has been adjusted continuously, and the killing and falling is extremely miserable, and most of the medium and long-term trends are downward. I rank with 120-day and 200-day ** bulls, 120 days ** above 200 days**, and the stock price above 120 days ** as the standard for **in the second phase of the trend, based on today's ** price, only 360** meet this criterion, accounting for 7% of the total number of A shares.
Most of the general rises in the last two or three transactions belong to the overfall. There are very few companies that are really in a medium- to long-term upward trend, and even fewer are the ones whose stock prices can break through to new highs.
Let me talk about what we need to pay attention to after these **VCP structures break through new highs?
After the stock price breaks through a new high, it is especially necessary to pay attention to whether the stock price fluctuation is normal. Normal ** behavior, after the stock price adjustment, will quickly get up, like a tennis ball; Abnormal ** behavior will be like an egg falling to the ground and shattering.
Specific details:1 Note 20th**.
Generally speaking, we use the VCP structure to choose the ** point, the stock price will be above the 20-day **, and the whole ** system is also bullish. If the stock price has just broken through a new high and then the correction falls below the 20th**, this is a negative sign. It is not necessary to sell just because it falls below this one, but at this time, you must pay attention to the pattern, as well as ***
This example - Radio and Television Express, the trend of December 23.
2 Pay attention to the trading volume of the stock price hitting new lows for 3 consecutive days.
When**for 3 consecutive days, every day hits a new low,**In the process, the volume is intermittently amplified or continuously amplified, you must be careful. If at the same time the stock price falls below the 20th **, it is even more important to note that the probability of success is extremely low.
Dongmu shares in the chart above hit an all-time high of 15 on January 2, 2499 yuan, and then began to adjust downward, and on January 5, it fell directly below the 20th**, engulfing all the previous breakthrough of the big white line. At this time, you must run, and you must run in the plate that day.
3 It is also dangerous for the low volume to break through and the high volume to fall back.
This is the example provided by Mark Minervini in the book, shrinking when breaking through, and increasing when **.
The above are the characteristics that often appear after the failure of the VCP structure breakthrough. So, be sure to pay attention.
Finally, let me summarize it again:
1. Shrink when it breaks through, and increase it when it is **;
2 consecutive trading days**, the stock price is getting lower day by day, and there is no support;
3 ** has more days than ** days;
4 **price below 20 days**;
5 The floating surplus of the books is smoothed out;