What is the underlying pattern
Latent bottom morphology analysis:
The latent bottom means that the stock price fluctuates up and down within a small range, and the trading volume is also very light. The stock price and trading volume show a band-like trend. The daily line of the latent bottom looks like a horizontal line. The latent bottom generally appears after a long period of decline, and the formation time is also relatively long. However, once it breaks upward, the stock price will increase in volume, and it will basically not pull back all the way up.
The lurking bottom usually appears when market transactions are very light, or in some small-cap stocks. Due to the small stock circulation, the company's strength cannot attract investors' attention, and stock transactions are very rare. Later, due to the sudden positive impact, prophetic investors bought in large quantities, triggering an explosive rise in stock prices.
When the potential bottom is significantly higher, the investor should enter the market immediately, and the follow-up of such stocks has little risk and considerable profits. And the longer the stock stays sideways at the bottom, the more upside energy it accumulates, and the more profitable investors are. (.Shares.)