The theory of the main movement of the old duck head is the combination of "average theory" and "volume-price relationship"!
Identify the pattern, after a wave of upward "duck brain shell" to leave the 60-day average a certain distance, otherwise it will show that the main funds to build a position is not particularly strong will affect the subsequent trend, and in the old duck head pattern construction, the volume of upward movement must be enlarged.
Any stock in the process of rising, will experience the main funds four steps: 1, sucking chips (position); 2, shuffle (shock position); 3, pull up (rise); 4, shipping (sell), the classic duck head pattern is the main funds in the process of shuffling and pulling up the formation of the "local graphics". We recognize the old duck head, that is, after pulling up a wave of wash, ready to carry out the second wave of upward to choose the buy point!
First to give you a picture, we come to feel:
Look at the map to speak as follows:
1, the duck neck, is a bottom build phase, the longer the duck neck is more conducive to the market;
2, into the volume up, here you need to leave a certain distance from the 60-day line, otherwise it will affect the construction of the old duck head;
3, the top of the duck head! Corresponding to the main washout stage, volume gradually reduced until the ground volume produced the formation of the duck's nostrils, corresponding to the lower volume the better;
4, the 60-day average is the lower edge of the duck's beak, the more the whole duck's beak is open, the better;
5, the upward volume breakthrough duck's head top is a buy point, volume began to enlarge, followed by washout is also a buy point, corresponding to the MACD produce golden cross.
In order to facilitate the deepening of the impression, and then find a case:
The old duck head pattern, the stock price will go through the following processes:
1, the main force volume pulling up the stock price, if the retail funds to sell, and then enter the stage of the suppression of the washout;
2, the uptrend has been destroyed to a certain extent, the stock will be below the short-term averages (5th, 10th, 20 days)
3, the end of the adjustment, the stock price slowly rising, volume gradually raised, the formation of the first buy point;
4, in the process of rising, the stock price will break through the duck head top, the formation of the second buy point;
In conjunction with the last case to give attention to matters of note
Points to note:
1, must be at the bottom of the full shrinkage of the cross or wash (duck neck);
2, pulling up the action, need to get out of the bottom area as soon as possible, the formation of an upward trend, away from the 60-day SMA (duck brain);
3, wash when the 5-day line down through the 10-day, 20-day line to form a dead cross, adjusting to the wash when the volume of trading volume is gradually shrinking (duck) head top);
4, the stock price in the process of adjustment can not fall below the 30-day line, adjustment of the volume generated is (duck nostrils);
5, 60-day average, is (duck beak lower edge);
5, upward breakthrough duck head top will be released, at this time for the buy point!
Buy points:
1, aggressive investors: duck nostrils at the (ground volume at the buy);
2, steady investors: break through the top of the duck's head (buy at the time of the breakthrough volume)