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Do you really "take profit" and "bottom"?

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MrLi Investment wrote a column · Dec 31, 2021 04:08
Today to tell you how to "take profit" and "bottom reading" through the K-line indicator

How to judge the top and bottom of a swing in the stock price? Or how to judge the rise and fall of the stock price?

What I want to talk to you about today is the method I have used for many years to ——— the top and bottom typing. Friends who have been speculating in stocks for a long time should know this technology, but there should also be some new investors who are not very clear, here to tell friends about the principle, I believe you read my share after ah, after judging the direction of the market and the trend of individual stocks, you must be able to do it.

First to explain to you what the two patterns look like, I don't know if you have seen the entanglement before, there is a top and bottom part, I simplified it on this basis, I think a K line of the physical opening and closing is more referenced.
First of all, the top type, in the three K lines, the middle of the K line, its high price and low price are higher than the two K line next to the high price and the low price, this K line is formally determined after its turning point.
Do you really "take profit" and "bottom"?
Let's take an example to witness:

Take Ali $BABA-W (09988.HK)$ as an example, after the top fractal, the next step is to enter a swing pullback. If you know enough about the top parting, you can easily earn the spread in the band!
Do you really "take profit" and "bottom"?
Let's take a look at Tencent $TENCENT (00700.HK)$
The same is the emergence of the top fractal after entering a downward trend.
Do you really "take profit" and "bottom"?
Is it that after seeing the top fractal determines the appearance, we have to retreat completely? This is certainly not, what we have to do is to pay attention to position management, as long as the third day of this day his stock price does not create a new high, and fell below the low point of the previous K line, then we will first out of a part, then if it falls below the pattern of the top type, the lowest point of the left K line, once it falls, here is our second opportunity to reduce the position, this pattern is very suitable for the strong stock to weaken, before the trend breaks, we can fall into the bag in advance for a part.

Let's talk about the bottom typing

Many people copy the bottom in the middle of the mountain because they can't understand the bottom typing, and many times they go back to the bottom when the bottom typing has not yet been formed.

Bottom parting is also three K lines, it is the opposite of the middle of this K line, note that its high price and low price are lower than the high and low prices of the two K lines next to it, once this signal is successful, we will consider whether to read the bottom is not too late, you do not see a gold needle to explore the bottom, as if you see the dawn. Then if the next day continues to fall, falling below this low, then you have successfully bottomed out in the middle of the mountain, so it is not too late for us to wait for the bottom to be fully traveled.

Let's give you an example

Look at Ali here is also to confirm the emergence of the bottom of the typing after out of the swing upward trend!
Do you really "take profit" and "bottom"?

I believe that after reading today's article, you should know what position should take profit and what position can be bottomed out! $JD-SW (09618.HK)$ $Tesla (TSLA.US)$ $NVIDIA (NVDA.US)$ $NIO Inc (NIO.US)$ $DiDi Global (Delisted) (DIDI.US)$ $XIAOMI-W (01810.HK)$ $SENSETIME-W (00020.HK)$
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