Chinese name
Old duck head
Foreign name
old duck king
Adopted
Forms
Introduction
A pattern of the stock's K line
(1) A price average of the 5-, 10-, and 60-parameters is used. When the 5- and 10-day averages cross the 60-day average on volume, a duck neck is formed[1].
(2) A duck head top is formed at the high point when the stock price retraces.
(3) When the stock falls back soon, the 5-day and 10-day averages cross upward again to form a duckbill section.
(4) The duck's nostril refers to the hole formed when the 5-day SMA dead-ends the 10-day SMA and then the two lines go gold again.
Market significance:
(1) When the dealer begins to collect chips, the stock price rises slowly, and the 5-day and 10-day averages cross the 60-day average in volume, forming a duck's neck.
(2) When the dealer shakes the position to wash the stock price began to gear back, the high point of its stock price to form the top of the duck's head.
(3) When the dealer again build positions to collect chips, the stock price rose again, forming the duck's beak.
How to operate:
(1) Buy when the 5-day and 10-day averages cross the 60-day average in volume to form a duck neck.
(2) Buy on the low side around the volume sesame point near the duck's beak.
(3) Intervene when the stock surges past the top of the duck's head on volume moments later.
The top of the duck's head away from the 60-day average to have a little distance, otherwise it shows that the banker in this old duck's head to build a position at the willingness is not strong, the old duck's head under the must be released, otherwise the same shows that the willingness of the banker to build a position is not strong, the duck head of the duck nostrils to be the smaller and the better, there is no the strongest! Duck nostrils must be under the amount of sesame points, otherwise it shows that the dealer poor control of the disk. Under the duck's beak must be ventilated, the higher the ventilation the better!
Shares after a period of time after the rise, there is an adjustment, after the adjustment is completed to carry out a more violent on the attack, the process of drawing the graphic is called the "old duck head", we only need to grasp the back of the rapid ascent of the time period will be able to get a lot of revenue. Its characteristics:
1, the stock market rising channel (60-day line up); 2, after a short period of adjustment and suppression, (box area) corresponding to the sharp contraction of the volume, showing that the stock price to the downside of the space has been limited, (no one sells naturally no turnover); 3, if you can fall below the 60-day line, in the release of the upward recovery of the 60-day line (Hibiscus) for the excellent buy point A; 4, the 5-day line of successive golden fork! 10 days, 20 days, 30 days line rising, in the volume breakthrough in the previous high (horizontal line position), for buying point B, characterized by buying, the stock price sharply pull up.
The whole process shows that the banker has good control of the disk, follow the banker's thinking to do, will certainly be able to get not a small gain.
This pattern can be seen everywhere, and sometimes it will evolve, but a few features are unchanged: the amount of sesame points, the 60-day line upward, out of the water, breaking through the previous high.