When the stock market or stock is in a downward trend, the so-called "bottom" is a process in which the trend turns from falling to rising. This process is a bit like the rotation when driving a "U-turn", if the speed of the car is too fast when making a U-turn (the speed is faster than the decline of the stock), the centrifugal force will be generated when turning, the circle of the U-turn will be very large, and the U-turn will not be completed (analogy to the failure of the bottom). At this time, it is necessary to reverse one back (analogy falls below the bottom, need to rebuild the bottom), stop and hit the second (the initial speed is very small analogous to the weakening of the stock decline), the centripetal force will be generated when turning, the circle of U-turns will become smaller, and the U-turn will be easy to succeed (analogy to the success of building the bottom).
Next, we will look at the current bottom platform to see if Oriental Wealth, BOE A and Tongwei shares can build a successful bottom? The main points of observation are: according to the strength of the downward trend, it is speculated whether the centrifugal force is generated when the reversal is too large (the circle is too large, the U-turn fails), or the centripetal force is generated (the circle is small, the U-turn is successful), so as to determine whether the bottom is successful or the bottom is failed.
1, Oriental Wealth:
The bottom platform of Oriental Wealth (the area between the two black lines in the figure below), the oscillation upward trend is more obvious, indicating that the current downward trend is weak, there is a reversal of the centripetal force, and the bottom rebound is easy to succeed. In particular, it is worth mentioning that the three big Yang lines in the platform are all strong rebounds when the stock price falls to the lower edge of the platform, indicating that the support at the bottom of the platform is strong, and reversals may occur at any time. If there is a positive factor in the near future, it is possible to successfully achieve a reversal.
The bottom platform of Oriental Wealth
2, BOE A:
The bottom platform of BOE A (the area between the two black lines in the figure below), the oscillation downward trend is more obvious, indicating that the current downward trend is strong, and the centrifugal force will inevitably be generated when reversing, and it is difficult to succeed in building a bottom rebound.
If BOE A wants to use the existing oscillation platform to achieve a successful reversal, there is only one way to go: that is, to break through the upper edge of the bottom platform with the help of a large Yang line rising from the ground to form a bottom breakthrough, and only then can the reversal be realized.
However, as far as the current weak BOE A is concerned, it is almost impossible to rely on a large Yang line to successfully achieve a reversal! However, it is more likely to fall below the bottom platform and reconstruct the next bottom.
The bottom platform of BOE A
3, Tongwei shares:
The bottom platform of Tongwei shares (the area between the two black lines in the chart below), there is also a bit of oscillation upward trend. It shows that if the current downward momentum is weakened, it is possible to produce a centripetal force of reversal, and it is easy to build a bottoming rebound. If the current downward trend is still strong, it will produce a centrifugal force of reversal, and it will be difficult to succeed in building a bottoming rebound.
Due to the long time span of this bottom platform, there are more traps above the beginning of the platform (as pointed by the two arrows in the figure), and it is difficult to break through the pressure level above the platform, which needs to be digested by continuous oscillation. Therefore, Tongwei shares may also oscillate and sort out within this platform for a period of time. But as long as you can oscillate upwards along this platform, there is no problem. If an oscillating downward trend is formed below the lower edge of the platform, it will be very difficult to achieve a reversal.
The bottom platform of Tongwei shares
Comfort and benefit, friendly reminder: the bottom platform can only be confirmed as the bottom of the stage after a successful reversal. Therefore, it is not that the bottom can be reversed, but the bottom can be confirmed after the reversal. In short, the market is bottomless, not the bottom determines the reversal, but because of the reversal to build the bottom of the stage!