Practical skills for grasping buying and selling points

Grasping the buying and selling points is crucial in stock trading. Below, I will share with you some tips on stock buying and selling.

Grasping the buying point:

If the stock continues to fall to the bottom of the past two years, even if it falls below historical low prices, it is only a momentary trend. This is likely that the main force is deliberately suppressing the stock price in order to absorb more cheap chips. In this situation, one can choose to follow up decisively.

When the stock price changes from falling to rising, the trading volume gradually increases, forming an overall trend of price increase and volume increase, which can be regarded as a very good buying signal.

Grasping the selling point:

After a period of skyrocketing stock prices, if they are unable to reach new highs, the best option is to sell your holdings and wait and see.

2. After the stock price falls, it begins to enter a sideways consolidation stage. If the sideways period is long, the holdings should be quickly sold out. Long term trading will inevitably lead to a decline.

If the stock has been rising to a relatively high level and suddenly closes with a long bullish line on a certain day, accompanied by a large trading volume, it is best to quickly exit on the second trading day. An accelerated rise in stock prices is often a precursor to a peak.