What is the concept of high and low, high and low?

High and low are the relative position of the stock price, such as a ** from 10 yuan to 50 yuan and then fall to 40 yuan, on the ** chart about 20 yuan is a low level, 40 yuan is relatively low relative to 50 yuan, but the relative overall increase is a high level. It is better to look at a ** for a longer time, and it is best to look directly at the week**, so that you can see the medium-term trend.

The highs and lows are relative to the highs and lows of the **.

The high is definitely the higher position, and the low is definitely the lower position.

Buy at a low level and sell at a high level to make a profit.

If you sell at a low level and buy at a high level, you are prone to losses.

Stock prices usually fluctuate in a certain range, with the upper one being the high and the lower one being the low;

Distinguish between high and low and use P/E ratios, low P/E ratios are low, and high P/E ratios are high.

There are also price-to-book ratios, growth rates, and so on, which are all references for judging highs and lows.

The high post refers to the area around the free throw line.

The low level refers to the area below the waist in the three-second zone and up to the bottom line.

High post: The area above the free throw line.

Low: The area below the three-second zone to the bottom line.

Distinguish by the free throw line and its extension.

The side of the hoop is low.

On the other side is the high position.

The high is the upper position, and the low is the lower position, but sometimes the high and low positions are also relative!

High octaves and lower octaves: In memory, a unit is a byte, and it is also 8 bits. If it is a 16-bit instruction, it is to operate two consecutive memory addresses at the same time, and the two consecutive memory addresses are regarded as one unit, so there are 8 bits higher and 8 bits lower.

Since the computer only recognizes the digits described by binary, it is necessary to change the number of memory addresses, which are 8-bit binary, such as: 0000 0001, 0000 is the upper four digits, and 0001 is the lower four digits.

Of course, 2 memory addresses are 16-bit binary, that is: 0000 0001 0000 0001 is the upper octet, and 0000 0002 is the lower octave.

Each of the eight digits is divided into four digits. For example: 1010 0001 1111 0101, converted to hexadecimal is:

1010 10 (base ten) — a (base hexadecimal), 0001 1 (base ten) — 1 (base hexadecimal) so his upper eighth is a1, and likewise its lower eighth is f5.

1. Low position: It is the lower half of the three-second zone below the rebound, which is the part of the dotted line to the rebound in the three-second zone of the basketball court when usually playing.

It is mainly a rectangular area near the basket. The width is about one-third to one-quarter of the baseline of the free-throw line (from the baseline), and the length is about the distance of one small step to the left and right of the three-second zone. This area will be called the low.

2. High position: It is relatively low, which is the part from the free throw line to the three-point line.

Generally speaking, if you think of the three points as a semicircle, starting from the top of the arc, the angle of about 45 degrees to the left and right (the two sides add up to a total of 90 degrees) and the third line will form a curved triangle.

Within this triangle, remove the part of the three-second zone, and the rest of the area can be called a high position. It can also be said that the high position is in the three-point line, outside the three-second line, and the more positive place.

The highs and lows of stock prices are divided into historical highs and swing highs, historical lows and swing lows, and there is no such thing as relative highs and lows. When the stock price is at a low level, the long white candlestick is often a signal for the main force to go long; The stock price is at a high level, and the long white candlestick is suspected of shipping. So what if the stock price is at a high or low level?

It can be defined in the following aspects:

1.The level of the P/E ratio. If the P/E ratio is at a historical low or below the internationally recognized average P/E ratio, it can be considered status; If the P/E ratio is at an all-time high, it can be considered high.

Generally speaking, the reasonable average P/E ratio of the market is between 30-40 times, but there are different coefficients between the plates, the reasonable P/E ratio of the steel sector is generally about 10 times, which is the lowest of all sectors, the reasonable P/E ratio of coal, electricity, non-ferrous metals, highways, ports and airports is about 30 times, and the P/E ratio of small-cap stocks is relatively high, and the multiple that can generally be recognized is about 50 times, which is mainly because they usually have good growth (imagination space is relatively large), Technology stocks tend to be given higher P/E ratios as a result. Therefore, when evaluating the stock price, we should also revise the multiple of the price-earnings ratio appropriately according to the sector in which the ** is located.

2.Compare with the stock price of the same industry and the same type**. Below average can be considered status, and above average can be considered high.

3.Look at the chart. If it is at the bottom of the pattern and has an upward trend, it can be considered a position; After the stock price has a large **, it can be regarded as a high level when the price rises and shrinks or the price parity increases.

4.The market environment in which it operates. In the bull market, the performance is excellent and the growth is good, the reasonable P/E ratio is thirty or forty times, when the stock price is at this P/E ratio level, it can be regarded as the stock price is at a low level; In a bear market, the same stock is considered high at a price-to-earnings ratio of thirty or forty times.

Highs and lows are generally determined by historical price levels.

However, the company's earnings will continue to accumulate, and the theoretical high should be updated with the increase of net assets, and vice versa.

If someone speculates, it will hit a new high, and if no one speculates, the stock will hit a new low, and this should also be noted.