A K-line with a long upper shadow and a long lower shadow is called a "long upper shadow and long lower shadow" line. This form often appears when the stock price is at a relatively high level, due to the fierce confrontation between the long and short sides. Generally speaking, due to the huge amplitude of the stock price on the day, there will be an obvious increase in volume.

A long upper shadow line represents the main force’s pull-up action, while a long lower shadow line represents extremely heavy selling pressure in the market. When this pattern appears in the relatively high area of ??stock price movement, bulls will It is a signal that the power of the short side has begun to accelerate and the stock price has fallen in the short term. Investors should actively avoid it. On the contrary, if it appears on the way to a deep decline, it means that the multi-party forces have begun to show their power. However, due to the market panic caused by the previous market decline, the market panic still exists, so the stock price fluctuates greatly that day. As the multi-party forces continue to follow up, , this stock has the possibility of a rapid rebound in the short term, and investors can actively pay attention to it.

If you need to know about stocks, you can log in to Ping An Pocket Bank APP-Finance-Stocks to make inquiries.

Warm reminder:

1. The above content is for reference only and does not make any recommendations. Relevant products are issued and managed by the corresponding platform or company, and our bank does not bear the responsibility for the investment, redemption and risk management of the products;

2. There are risks in entering the market, so investment needs to be cautious. Before making any investment, you should ensure that you fully understand the investment nature of the product and the risks involved. After understanding and carefully evaluating the product, you can make your own judgment on whether to participate in the transaction.

Response time: 2021-12-17. For the latest business changes, please refer to the official website of Ping An Bank.