The first buying point that is crucial for stock trading

Mondo Finance Updated on 2024-02-14

Determining the first point is a crucial decision, which requires us to abandon blindness and randomness, and after choosing the right one, we need to be patient. For medium and long-term investors, there is usually a ** time, and today we will focus on the best time for the first time.

After a long term, don't rush to make a move before the signal is clear. Even if you buy the wrong one before, don't blindly cover your position, because the market may have lower points, and it is difficult to judge the real bottom.

When a long white candlestick appears at the bottom, especially if it rises more than 6% or the upper limit, this is usually the initial signal of a market reversal. However, this is just the time to observe, not the best point. As shown at the ABC point in the chart, the market may test the bottom repeatedly and ** despite the signal that has appeared. Only when the stock price stabilizes and no longer falls below the previous low, the ** point gradually becomes clear.

When the stock price crosses the 60 antenna, although it is relatively safe, it is still necessary to be cautious and it is not recommended to take a cross position**. The real safety line is the annual line, but before that, the space between the stock price and the annual line may have reached 20-30%, which is both a risk and an opportunity, and investors need to decide according to their own risk tolerance.

Summarize the key takeaways:

A clear long white candlestick is needed, and the bigger the gain, the better.

Subsequently, the stock price should be repeatedly tested in the bottom area and **.

*During this period, the trading volume should be significantly enlarged.

After the stock price crosses the 60 antenna, you can consider taking a shot, but you still need to be vigilant.

It can take a long time from the appearance of the bottom signal to the confirmation of the ** point, so patience is the most important quality for investors.

Related Pages