month line
2016 Tapai Group formed the first wave of upward trend, and the subsequent pullback K-line fluctuated horizontally along the 20-30 month line, forming 3 fall lows, and the third low touched the upward 60 month line. The stock price rebounded again, breaking through the previous rebound high point, stagnation , forming a cross star K-line at the high level, and the stock price opened a continuous sell-off mode. The support of the 60 month line formed a horizontal oscillation platform. When it just touched the 60 month line, it formed an oversold rebound and rushing toward long upper shadow line . After several months of horizontal oscillation, the stock price fell again, forming a 5-month continuous killing. It is currently at the low point of the medium oscillation platform, and this position is supported.
weekly line
60 weekly line is the central axis of the stock trend. After the stock price forms a horizontal oscillation platform along the 60 weekly line, the stock price begins to rise. The pullback before breaking through the platform's high point forms support at the 20 weekly line. After the breakthrough, it also forms support at the 20 weekly line. After the stock price rises strongly, it forms a continuous K-line for selling down, and finally stops falling at the middle position of the platform. The oversold rebound is blocked at the position of the previous rebound high point. The stock price rises quickly and falls quickly, forming a horizontal oscillation platform. Under the resistance of the downward 60 weekly line, the stock price breaks down again. The downward 5 10 weekly line is the main downward pressure line. At the current position of the platform's low point, this position is supported.
daily line
half-year line is the tracking line of the K-line trend. The initial rise formed obvious support. After the decline, it broke the half-year line and fell continuously along the lower part of the half-year line. After the decline stopped, the stock price rose strongly and quickly. After the stock price fell, it fell and closed below the half-year line and fluctuated horizontally. The half-year line did not form support and rebound. The stock price broke down again and quickly fell. It is currently the second wave of daily line decline. There is support at this position, so wait patiently for the stock price to turn.
