Generally speaking, the 40-day line and the 60-day line in the daily K-line are relatively accurate, and the pressure and support are relatively effective. Once the support or pressure of the long-term moving average is broken, there will be a habitual decline or rise.

Then there is the pressure or support caused by the previous highs and lows. The low point that has not broken through several times in the previous period is horizontally connected, that is, a horizontal support, which is the same as an angle, that is, the lower rail of an ascending channel. . On the contrary, the high points that have not broken through several times in the previous period are connected in a line, the horizontal pressure level is the horizontal pressure level, and the angle is the upper rail of the descending channel.

The uploaded pictures are obviously supported by the 60-day moving average.