How to Grasp the Basics of Stock K-Line Charts: Key Points of Price Reversals
The "turning point" of stock price increases and decreases refers to the peaks and troughs of the stock price. According to the basics of stock K-line charts, if during a rising market trend, a stock suddenly experiences an unprecedented high trading volume on a certain day, but compared to the previous days, the stock price remains stagnant or only moves slightly...
This phenomenon might indicate that the upward momentum is weakening, signaling a potential turning point where the stock could transition from an uptrend to a downtrend. Understanding these signals is crucial for analyzing stock price movements and making informed investment decisions.