In personal capital's words, it means opening low and walking high. In the stock market, bonds, foreign exchange, gold, futures and other capital markets, the opening price of the day's trading was lower than yesterday's closing price, and then with the passage of time, the stock price rose all the way. This trend is often called "low opening and high walking".

After the stock price opened lower the next day, it rose all the way. This is called opening lower and going higher. General major news hit the market, and then good news came out that day, and market confidence was greatly improved. This kind of market appears less frequently.

Reasons for formation:

Stock prices are easily influenced by news. When opening, when people generally expect bad news or bad news, it is easy to open lower; However, after the situation improved or good news came, the stock price rebounded higher than the opening price, forming a low opening and a high going.

It is easier to understand the low opening and high walking from the time-sharing diagram, showing a spiral curve of low left and high right.

K-line chart:

With the transaction time as the abscissa and the price as the ordinate, the daily K-line is drawn continuously to form a K-line chart.

The columns of the K-line chart can be divided into positive and negative lines. Generally, the red column represents the positive line and the green column represents the negative line.

If the closing price in the period indicated by this column is higher than the opening price, that is, the stock price rises, the column is colored red, otherwise it is colored green. If the opening price is exactly equal to the closing price, a crosshair is formed.