What Is a Buttress Thread?

Support line: When the stock market is affected by bearish information, when the stock price falls to a certain price, bulls consider it profitable, buying a large number of stocks, so that the stock price no longer falls, and even a rebound trend. The checkpoint when the stock price falls is called the support line.

Support line

Support line:
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Phase 1: Assumptions
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Related terms
Pressure line: When the stock price rises near a certain price, the stock price will stop rising or even fall. The pressure line acts to prevent the stock price from continuing to rise.
Support line: the checkpoint when the stock price falls.
Checkpoint: Generally, the integer or golden section or the psychological price point of stockholders' habits is called the checkpoint.
Breakthrough: The stock price crosses the checkpoint and usually points upward. Below: The stock price broke through the level and broke down.
Reversal: The stock price moves in the opposite direction of the original trend, divided into upside down and downside down.
Backlash: In the stock market, the stock price continues to rise. Eventually, the adjustment phenomenon that the stock price reverses to fall to a certain price because the stock price rises too fast is called backlash. Generally speaking, the stock's fallback rate is smaller than its rise rate, usually when it reverses and falls back to about one-third of the previous rise rate and then resumes the original rise trend.
Bottom search: The process of finding the lowest point of the stock price. After the bottom search is successful, the stock price starts to rise from the lowest point.

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