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".
Low opening and high walking are a form of time-sharing chart and K-line trend. 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.
On the contrary, the market opened higher and went lower, which means that the stock price index opened higher than the closing point of the previous trading day. With the progress of trading, the stock price index kept falling, and the whole trading day showed a downward trend.
Extended data:
There may be a situation of low opening and high walking:
1, it must be on the way up. If it is when the market falls or plummets, it is difficult to form a long-term low opening and high going.
There must be important news in the market.
3. Stocks with low valuation, stocks with low prices and high prices tend to have good speculation, especially some stocks listed in the market crash will open lower and go higher in the initial stage of listing.
On the one hand, opening lower can trap the buyers of the previous day, giving people a shock as soon as they open, and taking advantage of the low price to suck out and wash out those who are not firm.
Baidu encyclopedia-open low and go high
Baidu Encyclopedia-Go high and go low