How to Judge Stock Strength

How to judge whether an underlying stock is currently strongDraw the trend line of a market (?yellow channel). When the first trend (yellow channel) gradually breaks away from the lower edge of the trend line channel, it means that the power of multiple parties is strong.At this time, the latest trend must be corrected in time. As the K line changes, the second trend line channel ( white channel) appears.If the angle between the second channel and the lower edge of the first channel is larger, it means the trend is stronger.In this kind of market, any retracement in a small period cannot be directly judged as a trend reversal. You must first look at the retracement (a retrenchment means that the trend may continue, and a reversal means that the trend directly destroys the downward trend)In this way, you can use the golden ratio to calculate the retracement point and enter a long order on the right. You can also observe whether the overbought zone of the RSI indicator shows a pullback pattern Happy New Year, GN

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