$SKHYB 7 hit a new low today; the current price is 140.26, and the previous low was 141.07.
After hitting a new low, there are generally three possible paths:
① It rebounds to the previous low but gets pushed back down: the decline continues
② It fluctuates around the previous low: turnover, with direction still uncertain
③ It quickly reclaims the previous low and holds above it: a bear trap
It is still below the previous low for now. Watch to see whether it follows ① or ②.
After hitting a new low, there are generally three possible paths:
① It rebounds to the previous low but gets pushed back down: the decline continues
② It fluctuates around the previous low: turnover, with direction still uncertain
③ It quickly reclaims the previous low and holds above it: a bear trap
It is still below the previous low for now. Watch to see whether it follows ① or ②.