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1. The longer it consolidates, the higher it will rise; the longer the consolidation, the higher the rise.
Consolidation with fluctuations indicates accumulation at the bottom; the more accumulation, the greater the ambition.
During the consolidation phase, fluctuations represent strong accumulation, manifested through shakeouts: back-and-forth price movements, straightforward yet effective.
2. If it suddenly drops while consolidating, it will be a small drop, and it must rise after the drop. If it suddenly rises while consolidating, it will be a small rise, and it must drop after the rise.
3. If it doesn’t create new lows, it’s about to rise; if it doesn’t create new highs, it’s not good.
Not creating new lows indicates that major funds are entering to accumulate, signaling a bottom is near; not creating new highs implies that the operators are secretly offloading their shares, which is a bad sign.
4. Volume at a critical point indicates a significant rise if low, and a significant drop if high.
At critical points, the volume is in a wait-and-see mode, with no buying or selling; either everyone is holding onto their shares waiting for a rise, or the operators have run out of shares waiting for a drop.
5. After a shallow drop at the peak, it probes upward again; after a rebound at the bottom, it tests the bottom again.
Probing upward is when the operators sell off the remaining shares that haven’t been sold, while testing the bottom is to collect shares shaken off at the bottom once more.
The above is for reference only and does not constitute any investment advice.
