Head and shoulders bottom pattern:

feature:

1. Appears in a downtrend

2. There are three troughs. The low points of the left and right troughs are basically at the same level, but the low point of the middle trough is significantly lower than the low points of the left and right troughs.

3. The high points of the first two rebounds were basically the same. The last rebound broke through the line connecting the high points of the first two rebounds (neckline) and closed above it.

4. After the extreme shrinkage of trading volume, the trading volume increases significantly when it conflicts with the neckline.

5. After breaking through the neckline, there will often be a pullback, and the decline will stop and rise near the neckline, thus confirming that the upward breakthrough is effective.

Technical Implications: Bottoming out, buy signal

Operational advice: Aggressive investors can buy when a breakout of the neckline is formed. Prudent investors can buy when heavy volume breaks through the neckline and then hits new highs with heavy volume. #热门话题