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What does it mean when a stock goes out of this horizontal and horizontal line?

By.Johns 2024-09-15 23:00:02 Share on facebook Share on Google Share on Instagram Share on Pinterest Share on Twitter Share on Tumblr Share on WhatsApp Share on Telegram Share on Reddit Visit our Instagram

Introduction What does it mean when a stock goes out of this horizontal and horizontal line? This trend, commonly known as the sewing machine line, represents a small range of price fluctuations within a certain period of time, and the trend will have this effect. Thi

What does it mean when a stock goes out of this horizontal and horizontal line?

This kind of trend, commonly known as sewing machine thread, represents a small range of price fluctuations within a certain period of time, and the trend will have this effect.

Stocks with this kind of trend are not suitable for trading. The t plus 0 operation is not suitable for short-term operations. Because the fluctuation range is small, the price difference space will be small.

For example, the time-sharing chart of Industrial and Commercial Bank of China often follows this trend.

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