How to find buying points? These three situations are excellent entry opportunities:
First: Breakout buy. When the stock price breaks through the resistance level with increased volume, it’s a signal to start.
Second: Pullback buy. After a breakout, if the price pulls back with decreased volume to the support level, it indicates the end of the shakeout.
Third: Low-cost buy. During an uptrend, when the stock price returns to an important moving average, it’s a good opportunity to buy at a low cost.
Key points:
1. Confirm before buying on a breakout, such as the price stabilizing for three days after the breakout. For pullback buys, wait for volume to decrease; the smaller the volume, the better. For low-cost buys, wait for support; only act if the support is valid.
2. Breakout buying is efficient but may involve false signals. Pullback buying is safer but might miss the opportunity. Low-cost buying has low costs but requires patience.
Each of these three buying points has its advantages and disadvantages; choose based on your style.
Summary/Insight: Buying points are not chased after; they are waited for. #我在Gate广场过新年 $DOGE
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MasterChuTheOldDemonMasterChu
· 8h ago
• "I've been quietly following you for a long time, and every article is worth a close read! Keep shining on, 🌟"
How to find buying points? These three situations are excellent entry opportunities:
First: Breakout buy. When the stock price breaks through the resistance level with increased volume, it’s a signal to start.
Second: Pullback buy. After a breakout, if the price pulls back with decreased volume to the support level, it indicates the end of the shakeout.
Third: Low-cost buy. During an uptrend, when the stock price returns to an important moving average, it’s a good opportunity to buy at a low cost.
Key points:
1. Confirm before buying on a breakout, such as the price stabilizing for three days after the breakout. For pullback buys, wait for volume to decrease; the smaller the volume, the better. For low-cost buys, wait for support; only act if the support is valid.
2. Breakout buying is efficient but may involve false signals. Pullback buying is safer but might miss the opportunity. Low-cost buying has low costs but requires patience.
Each of these three buying points has its advantages and disadvantages; choose based on your style.
Summary/Insight: Buying points are not chased after; they are waited for. #我在Gate广场过新年 $DOGE