At one time, the masters of the financial market used their theories to make great achievements in Chen Guo, but that was their time, the market environment changed, and the corresponding theories should be developed and abandoned with confidence. Even now, if we have a complete trading system (whether basic analysis or technical analysis), we must make adjustments according to the changes in the market, because the financial market in China is far from mature, and the market is changing at any time.
Many of the questions you said are not clear enough, and some concepts may not be clear to you yourself.