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What does it mean when a stock breaks out of this flat, horizontal line?

By.Johns 2024-08-09 10:24:16 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 breaks out of this flat, horizontal line? This trend, commonly known as the sewing machine line, represents a small range of price fluctuations over a certain period of time, and this trend will have this effect.

What does it mean when a stock breaks out of this flat, horizontal line?

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

Actions with This type of trend is not suitable for trading. The t plus 0 operation is not suitable for short-term trading. Because the fluctuation range is small, the price difference space will be small.

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

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