一亿U大师

There are many professional terms that are misunderstood or even misinterpreted, which can lead to missed market opportunities or mistakes. I'll explain them to you in a simple way here.
What is a support level?
When a market falls to a certain position, there will be many buy orders, which prevents the market from falling further and forms a support point, which is called a support level. There are three support levels, each time the price reaches a support level, it will rebound, if it breaks through directly, it means the decline is strong, so the market will continue to fall and reach the second and third support levels, the more it falls, the weaker the strength will be. At that time, we can try to place a LONG order.