Fortune Telling Collection - Ziwei fortune-telling - What does the red column in the stock represent?
What does the red column in the stock represent?
In addition, during the rising period of the red column, the trading volume will also increase, which usually means that the market is more and more optimistic about stocks. Therefore, when a stock has a series of red columns, we can think that the market is more and more optimistic about this stock, and the stock price trend is likely to rise. So when investing in stocks, the red column is one of the most important reference indicators in our technical analysis.
However, it should be noted that the red column does not mean that the rising and falling trend of stocks is continuous. There are many changes in the market, and the red column is just one of them. Therefore, when using the red column for technical analysis, it is necessary to combine other analysis tools to form a more complete investment strategy.
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