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He Xun Investment Advisor Wu Yuchen: Must Remember These 7 Sentences, Volume-Price Mnemonic
On March 21, Wu Yuchen from Hexun Investment Advisory stated, if you want to make money by trading stocks and support your family, you must remember these 7 phrases: the volume and price rule. First, when at a low point with no volume, wait; even if you’re wrong, wait. Second, at a high point with no volume, try to push; even if you’re wrong, push. Third, when volume increases at a low point, follow; even if you’re wrong, follow. Fourth, when a high point shows increased volume, run; even if you’re wrong, run. Fifth, when volume increases and price rises, buy; when volume increases and price drops, sell. Sixth, when volume increases and price stabilizes, turn bearish; when volume stabilizes and price rises, add to your position. Seventh, when volume stabilizes and price falls, exit; when volume decreases and price rises, hold.