Before talking about the trend line, we must first understand the meaning of the trend: the trend refers to the direction of things. Including upward trend, shock trend and downward trend.
The upward trend refers to the process that the market price keeps breaking through the previous wave of highs and hitting a new high, but it does not fall below the previous wave of lows in the callback process, which is manifested in the K-line chart, that is, the low point is higher than the low point and the high point is higher than the high point. As shown in the figure below:
Downward trend refers to the process that the market price keeps falling below the previous low and hitting a new low, but it can't rise above the previous high in the process of rebound, which is shown in the K-line chart, that is, the high point is lower than the high point and the low point is lower than the low point, as shown in the following figure:
The uptrend line is a straight line connecting the lowest point (or relative low point) in a certain period with any low point before the highest point, without crossing any price in the middle. As shown in the figure below:
The downtrend line is a straight line connecting the highest point (or relative high point) and any high point before the lowest point in a certain period of time, without crossing any price in the middle, as shown in the following figure:
It should be noted that there is more than one upward trend line and downward trend line, and everyone's painting method is different, so everyone has everyone's prediction, which can assist the operation, but don't be superstitious. In the end, you need to deduce the operation from the market sentiment and the logic behind it.
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