month line
The stock did not stop falling with the Shanghai Stock Index at the beginning of 2019. After a short rebound, stock price fell again , forming a continuous downward channel, 5 The October line became the main pressure line until it stopped falling in February 2021. After 6 months of horizontal fluctuations at the low level, Zhongman Petroleum began to increase in volume in August 2021. After three consecutive months of strong growth, the stock price rose by a super high 100%, leaving a long upper shadow line. The stock price fell back. With the support of the upward May line, Zhongman Petroleum fluctuated higher along the May line. It fell back again under the resistance of the previous high, and formed a two-month K-line shock under the support of the upward October line. The stock price rose strongly again. The next month, a cross star K-line with a long upper shadow line was formed, and the stock price stagnated again , under the support of the upward May line, it surged higher for the second time. Zhongman Petroleum's stock price did not hit a new high, and then the stock price fell back. It formed a one-month positive line rebound at the October line, and then fell again and currently closed below the October line.
weekly
Zhongman Petroleum hit the 30-week line correction for the first time during the low horizontal shock, the second time it hit the downward 60-week line, and the third time it shot high and strongly broke through the low shock platform. First, it rose to the positive line for three consecutive weeks, and the stock price stagnated, forming a four-week horizontal shock line. Zhongman Petroleum's stock price rose strongly again. After the stock price doubled, it quickly made a correction and stopped falling at the 20-week line. The stock price fluctuated higher. It rose in two waves. It was blocked at the previous rebound high point and fell back again. Finally, it fell back at the 20-week line. The 30-week line stopped falling and formed a horizontal shock platform. After the shock, the stock price surged strongly higher again. After breaking through the previous high and forming a doji shock at the high level for 1 week, Zhongman Oil rose strongly again for 2 weeks, ending with a long upper shadow line that shot higher. The stock price corrected again and fell below 5 The 10-week line stopped falling above the 20-week line, shot up again, stagnated near the previous high and fell back again. It formed a 2-week pullback trend at the 30-week line, ended with a cross star and fell back again. Before breaking, it formed a 2-week K-line shock near the 30-week line. The stock price fell rapidly again and stopped near the 60-week line. Currently, a weekly shrinkage small positive line is formed. Pay attention to the resistance of the downward 5-week line. The first wave of the
-day line
-day line form was very strong, forming a small stagflation shock platform in the middle. After rising high again, the stock price quickly fell back, and finally stopped falling and fluctuated at the half-year line. The stock price fluctuated and shot higher. It can be seen as three waves of rising shocks. It was blocked at the previous high point. The stock price quickly corrected and stopped falling after breaking the half-year line. The K line used the half-year line as support to form a horizontal shock platform, during which it fell below the half-year line twice. In the end, the stock price broke out with a strong surge, and its callback started at the opening of daily limit . It started to fall rapidly during the session. It stopped falling at the 60-day line and fluctuated sideways. It rebounded slightly and stagnated and quickly pulled back. The previous low point and the half-year line formed support. The rebound platform was before the rebound. The rise was blocked and fell back again. After forming a shock platform below the half-year line, Zhongman Petroleum's stock price fell again. Continuously fell back to form support at the upper edge of the relay shock platform. After a slight rebound, it broke through the downward 5-10 day line. It is currently oscillating above the 5-10 day line for 4 trading days. The trading volume has shrunk significantly. It is still in the fallback channel. Pay attention to whether the daily line pattern can effectively stop the decline.
