How to determine the support and pressure of the stock price?

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In the stock market, there are stock prices up there are stock prices down, and there are fast and slow, this is a very natural law in the stock market when investors are clear about this law, that is, as long as the stock market exists, stocks will not fall forever, after all, there will eventually rise back. If investors focus on profits or the market, always try to do uncontrollable and unsure of the investment, the pursuit of too high interest and unstable stock of the downfall of most will not make money, can not lose money is good.

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Therefore, investors should learn to be good at learning from the failure experience of others, as long as they learn to take the failure of others as their own experience. In this way, the failures of others will become a valuable asset and experience for their investments in the stock market. The traits of a winner in the stock market are not in learning, intelligence, or technology, but in character. There are no masters in stocks, only winners and losers. If in the pursuit of wealth, we feel physically and mentally victimized and restless, then are we not pursuing a burden? It is better to keep a normal heart. To do well in the short term, do not try to find the law, just find the most certain opportunity in the short term; to do well in the long term, do not try to find the probability, just find the most certain opportunity in the long term. How to accurately determine support and pressure? After reading this article you no longer chase the rise and fall! So how exactly do you determine where are the pressure and support levels of stock? In daily practice, due to the consistency of popular expectations, usually, these areas become obvious pressure and support levels.

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First of all, we need to refer to the opening price of the stock market on the day, if the day opened lower, because the bid accumulated in the opening price of a large number of sellers, so the future rebound back to the opening price here, will encounter significant resistance, if the opening higher, then in the fall back to the opening price, because the buy orders deposited more, the support will be stronger. Of course, it is not only the price of the day that needs to be referred to but also the closing price of the previous day that should be paid attention to. The opening of the day will often have a large number of stockholders participate in the previous closing price bidding transactions, if the index (or stock prices) opened lower, indicating a strong selling intention.

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In the process of rebounding the index, on the one hand, will be hit by new selling, on the other hand, close to the previous close, the previous accumulation of selling occurs, making the long side easily cross this pass, if the index (or share price) from the high back down, the support at the previous close is also stronger.