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What does high sideways shrinkage mean?
1 and the appearance of high shrinkage sideways usually mean that there is still some room for growth in the market outlook. It can be understood that a stock is full of vitality and motivation after a batch of large capital injection. At this time, the main force entered the market to open positions. By constantly washing dishes, raising prices and cleaning floating chips, institutions have more and more chips in their hands.

2, then the main force will clear the position and cash out after absorbing enough chips through shock to obtain greater profits. In doing so, the main force needs to create room for growth in order to attract more investors to take over and maximize profits.

3. For a stock in a high position, investors want to judge whether the stock has room for growth in the later period, whether it can be purchased, and whether it can guarantee their own income expectations, then it is necessary to consider not only whether its chip trend is concentrated, but also his trading volume changes and turnover rate.

: If the trading volume big positive line appears within three days after the high sideways shrinkage, then the trading volume big positive line can still be seen later. If there is no high-volume Dayang line for more than three days, then this means that the market outlook may fall. High sideways shrinkage is a special figure, which can be said to be the precursor of decline and the starting point of the next round of rise, so you can be cautious when you see this in actual operation and observe some other signals before making a decision.

Generally speaking, if the sideways contraction ratio of a stock at a high position is small and keeps the amplitude of 1%-2% for several days in a row, then this means that the stock may rise later. If a stock shrinks sideways at a high level, the range is about 2%-3%, then this means that the stock is likely to fall later. Therefore, in practice, we find that the stock is shrinking sideways at a high level, so we should remember to pay attention to whether the stock has hot topics or whether the news can continue to play a role. In this context, judgment can avoid stepping on the market or losing money.

Therefore, if you see a high shrinkage, it is best to take three days as a cycle as statistics. If the sun does not shine for three days, the risk of stock weakening will continue to increase, and vice versa.