The golden section is one of the most common and popular tangent analysis tools in the stock market. In practice, the golden section is mainly used to reveal the adjustment support level in the rising market or the rebound pressure level in the falling market. The position provided by the golden section is the base point price multiplied by a special number.
Precautions:
Pythagoras, the founder of the golden section, boldly asserted that if the ratio of one part of a line segment to another part is exactly equal to the ratio of the other part to the whole line segment, that is, 0.6 18, then this ratio will give people a sense of beauty.