COMP analysis

foreword I saw that many people used comp as one of the targets for short selling Personally, it is not recommended to consider comp for short selling The following are two perspectives to explain why it is not recommended to choose comp as one of the short-selling targets And what cycle is the comp currently in?

first The trading volume in this interval is very large compared to before, and it belongs to a huge wave of market; Secondly, the trading volume of demand in this range is very healthy, and there are no weak performances. On the supply side, there is no SOW with volume, and the decline or callback within the range is a reduction in volume and short K. Therefore, it is not supply that dominates the entire range, but demand that dominates the market: The third point is that the upward trend in this range has not been broken. While the low point is constantly rising, the high point is also constantly making new highs; Through the above, it is explained that this range only looks like a distribution on the surface, but in fact there is no basic basis for distribution;

Comp daily level First of all, between the orange lines is an accumulation area that has not been fully confirmed (Due to rigorous considerations, the fund-raising area has not been fully confirmed, and it is temporarily identified as the fund-raising area) A: It was a rapid and heavy drop, and it was the third bottoming in this range The rise of AB is very slow, and the oversold caused by the fall of A requires B to cover for a long time From here, we can see that the demand is not very strong for the time being. It is worth noting that: The promotion of BC is an SOS, and a huge amount of SOS behavior has been confirmed, and the demand has become very strong; Point C touches the resistance at the top of the accumulating area and starts to fall back The decline of CDs is called back, and the trading volume gradually shrinks, which once again confirms the previous pull-up behavior The rise of DE once again touched the top resistance of the accumulation area, and there is a trend of breakthrough At the same time, point E is higher than point C, and point D forms a high support; The above behaviors tell us that the upward trend of Comp has not been broken. Looking at the entire life cycle, there is a high probability that Comp’s fund-raising behavior will be confirmed;

At present, comp is at the top resistance of the accumulating area, so the performance within four hours may be due to the shipment of some profit orders, which makes it look like a distribution shipment. The reasons are:

  1. The upward trend is healthy and has not been broken;
  2. There is no SOW, and there is no performance of supply leading the market;
  3. SOS appears, high support appears, and all of them have been verified by trading volume; In summary: These behaviors of CD-E near the resistance area do not have the performance of the main distribution. The high probability of shipment here is some profit-making orders, and the healthy upward trend has not been broken, indicating that there is a high probability that this may be an absorption behavior ( We will have to wait for more K-line performance)

Summarize:

Comp is not recommended as a target for short selling

The correct approach is to pay attention to whether the follow-up Comp continues to break through the accumulation area and start a bull market trend

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Cyberkingvip
· 2023-07-20 09:06
bullish
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