There are many interesting forms in A-shares, and one form uses animals. This form is jokingly called the old duck head by many old investors. The technical indicator of the old duck head was quite popular in the past, and many investors are still using this operating technique. However, there is a key point. Is the old duck head pattern more accurate on the daily line or on the weekly line? Is the degree high?

Lao Yatou looks at the daily line or the weekly line?

For now, the application scenarios of the Lao Yatou pattern are mostly in its daily form, and there are also weekly levels. However, since Lao Yatou is a short-term rising wave, the weekly level The trend is less obvious.

Generally speaking, such graphics are produced by the cooperation of moving averages. When the 5-day and 10-day moving averages cross the 60-day moving average in heavy volume, a duck neck is formed, and the high point is formed when the stock price falls. At the top of the duck's head, the main force shrinks and washes the market, forming the duck's nostrils. Soon after the stock price fell back, the 5-day and 10-day moving averages once again formed a golden cross upward to form the duck's mouth. Such a standard old duck head is formed.

In our actual application, we need to pay attention to a lot of problems. Generally, such a graph can easily form a triple top with continuous consolidation at a high level. Therefore, in the midst of shocks, investors who buy at the bottom will see profits. They began to reduce their weight on highs; investors who were stuck in the original downward channel saw that the stock price stopped rising and had a downward trend, so they also began to unwind and exit. The huge profit taking and simultaneous attack caused the old duck head pattern to fail.

Under normal circumstances, the editor believes that the effective form of the old duck head pattern has three important characteristics: First, the greater the distance between the golden cross point of the 5-day and 10-day moving averages and the 60-day moving average, the better, because this It means that individual stocks are strong; secondly, the smaller the trading volume of individual stocks at the breakthrough mark, the better, which means that volume can be accumulated here, and it is easy for the 5-day and 10-day moving averages to increase in volume and cross the 60-day moving average to form a buying point; thirdly, it must be It should be noted that the stock price cannot fall below the 60 moving average after the market wash, so that when individual stocks rise, there is the possibility of breaking through the duck's head with heavy volume.