Painting:

Connect two or more relative low points into a straight line to get the support line?

Connect two or more relative high points into a straight line to get the pressure line?

Usage:?

What are the functions of support line and pressure line?

Support line is also called resistance line. When the stock price falls near a certain price, the stock price stops falling and may even rise. This price, which plays a role in preventing the stock price from falling further or temporarily preventing the stock price from falling further, is the position of the support line. ?

The pressure line is also called the resistance line. When the stock price rises to a certain price, it will stop rising or even fall back. This price that prevents or temporarily prevents the stock price from rising further is the position of the pressure line. ?

The function of support line and pressure line is to prevent or temporarily prevent the stock price from continuing to move in one direction. At the same time, the support line and pressure line may completely prevent the stock price from changing in the original direction. ?

2. Support line and pressure line are mutually transformed?

If a support line is broken, then this support line will become a pressure line; Similarly, if a pressure line is broken, it will become a support line. This shows that the positions of the support line and the pressure line are not fixed, but can be changed, provided that they are broken through by effective and powerful stock price changes. ?

3. Confirmation and correction of support line and pressure line?

Generally speaking, there are three considerations about the importance of the support line or pressure line to the current impact. First, the length of time the stock price stays in this area; Second, the volume of stock prices in the region; The third is the distance between the time when this support zone or pressure zone appears and the current time period. ?

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