how cryptocurrency price works, People also ask

5. Strong breakthrough: the stock price accelerated after breaking through the previous high point or key pressure level, which shows that many forces in the market are strong, breaking through the previous resistance area and opening up space for the subsequent sharp rise.3. The circulation is not large: before becoming a demon stock, its circulation is usually not very large, which is conducive to the main control operation. The main force can collect chips more easily, and then manipulate the stock price.6. Volume increase: During the increase process, there is a significant increase in trading volume, which indicates that market participants have increased their interest and attention to the stock, and funds are actively pouring in. The amplification of trading volume is an important driving force for the stock price to rise, and it also reflects the activity of the market.

The day before the demon stock takes off, there are usually the following signs.5. Strong breakthrough: the stock price accelerated after breaking through the previous high point or key pressure level, which shows that many forces in the market are strong, breaking through the previous resistance area and opening up space for the subsequent sharp rise.

4. Different: The trend and stock price performance of monster stocks are often different. When market participants notice its uniqueness, its share price may have risen significantly, and it is often difficult for other investors to follow suit. For example, it is obviously different from other stocks in the same sector or the broader market in terms of trend pattern and rhythm of ups and downs.5. Strong breakthrough: the stock price accelerated after breaking through the previous high point or key pressure level, which shows that many forces in the market are strong, breaking through the previous resistance area and opening up space for the subsequent sharp rise.7. The daily limit appears continuously: before the skyrocketing, the daily limit may be continuous or multiple times. The daily limit is a sign that the market funds are highly concerned and actively doing more. The continuous daily limit can attract more investors' attention, and it also shows that the market funds are gathered and the enthusiasm for the stock is high.