Stock Of The Day: Is Southern Company About To Head North?
Stock Of The Day: Is Southern Company About To Head North?
In the stock market, price levels that were once resistance can turn into support levels. It is a common occurrence. There is a reason for this. It isn't "random," it is because of market psychology.Some analysts think the market can't be timed. They think that it follows a "random walk." These analysts are wrong.
一些分析师认为，市场无法预测。他们认为市场遵循"随机漫步"。这些分析师是错误的。
Successful traders can identify important price levels. They know when a stock reaches one of them, there is a good chance the trend reverses. That's how they time the market and profit. An example of this can be seen on the chart of Southern Co (NYSE:SO). This is why it is our Stock of the Day.
成功的交易员可以识别重要的价格水平。他们知道当股票达到其中之一时，趋势很可能会反转。这就是他们预测市场和获利的方式。南方能源（纽交所:SO）的图表就展示了这种情况，这也是为什么它成为我们的今日股票。
The $88.50 level has been important for Southern Company since early August. It was resistance then and now it's a support level.
从今年8月初以来，88.50美元的水平对于Southern Co.至关重要。那时它是阻力位，现在它是支撑位。
In the stock market, price levels that were once resistance can turn into support levels. It is a common occurrence. There is a reason for this. It isn't "random," it is because of market psychology.
在股市中，曾经是阻力的价格水平可能会变为支撑位。这是一个常见现象。其中有一个原因。这并不是"随机"，而是由市场心理所致。
There are traders and investors who thought selling their shares was a good idea when the price traded lower. But some of them thought they made a mistake when the stock broke the resistance and moved higher.
有一些交易员和投资者认为，在价格走低时卖出股票是一个好主意。但当股票突破阻力位并上涨时，一些人认为他们犯了错误。
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Many of these remorseful sellers decide to buy their shares back, if they could get them for the same price they sold them at. As a result, when Southern Company reversed and got back to the level that had been resistance, they placed buy orders.
许多后悔出售者决定回购股票，如果他们能以相同的价格买回。因此，当Southern Co.回转并回到曾经的阻力水平时，他们提交了买入订单。
If there are enough of these buy orders, the level that was resistance can convert into a support level. As you can see on the chart, this was the case with the $88.50 level for Southern Company.
如果有足够多的买入订单，曾经的阻力水平就可以转为支撑位。正如你在图表中所看到的，这在Southern Co.的88.50美元水平上是一个案例。
Successful traders know that markets are not random. Market moves are the result of investor and trader psychology. This psychology results in some price levels having more importance than others.
成功的交易者知道市场不是随机的。市场的波动是投资者和交易者心理的结果。这种心理导致某些价格水平比其他价格更重要。
When a stock reaches one of them, savvy traders know there's a good chance the trend reverses. They also know there will be chances for low-risk trading opportunities.
当股票达到其中之一时，精明的交易者知道趋势有很大可能发生逆转。他们也知道会有低风险交易机会。
Photo: Joshua Choate from Pixabay
照片：来自Pixabay的Joshua Choate