1、 What is a weekly candlestick
The weekly candlestick is the K-line of the week, with Monday's opening price as the weekly opening price and Friday's closing price as the weekly closing price.
The K-linefeatures:
1. The unsheathed sharp sword broke through the shadow of empty restraints.
2. Two or more candlesticks form a downtrend, with the lowest price being approximately the same.
3. The previous K-line fully encompasses the current K-line to form a breeding line.
4. If the lowest price is higher than the highest price of the previous day, it forms an upward gap and needs to be judged based on the trend.
2、 Characteristics of weekly K-line
Price space:Since its listing, it has not been heavily hyped up, and the historical highest price is twice or less than the historical lowest price.
Transaction volume:The trading volume significantly increases when the stock price rises, which is due to the fact that the market makers attract a large amount of chips, and the market chips are transferred from individual investors to the market makers; The trading volume extremely shrinks when the stock price falls, indicating that the market makers have good control over the funds. Figuratively speaking, when trading volume increases, it accumulates into small hills, and when trading volume decreases, it looks like a plain.
Time span:The longer the operation time of a banker's stock, the stronger its explosive power and the greater its rise.
From the appearance, the shapes of weekly and daily candlesticks may sometimes be the same, but due to the differences in business cycles concealed by the two, the direction of operations revealed can sometimes be completely different, and even give opposite business signals. On the basis of using the usual K-line analysis, the analysis of weekly K-lines should also pay attention to the following points:
1. When the weekly candlestick shows consecutive bearish candlesticks and oversold, a combination of two or more weekly candlesticks indicates signs of a stop to the decline, suggesting that there may be a strong rebound or reversal in the market in the future. At this point, there is no need to sell too early according to the analysis of the daily candlestick after buying, and it is appropriate to add the timing of holding.
2. In an uptrend, if the weekly candlestick shows a trend of both volume and price increasing, there should be new highs next week. If there is a low point at the beginning of the week, it is usually not advisable to consider selling based on the daily candlestick. Instead, it should be seen as a good opportunity for short-term intervention and short-term buying should be considered.
3. If the weekly candlestick shows a longer upper shadow after consecutive increases, along with a significant increase in trading volume, it indicates that the market is about to enter a correction. At this moment, it can usually be seen as a signal to sell, and should be eliminated in a timely manner at the beginning of next week. The decision should be made when the daily candlestick announces a sell signal.
4. If the overall market shows signs of warming after a decline, and there is reason to believe that the rebound will not evolve into a turnaround, if the weekly candlestick shows a larger solidskinheadA barefoot bullish candlestick should usually be seen as a signal of a peak and a decline. In most cases, the candlestick will show one or two bearish candlesticks next week. Therefore, in this situation, the bullish candlestick next week should also be treated as a selling signal.
Because the time span of the weekly candlestick is much larger than that of the daily candlestick, the credibility of the business signal predicted by the weekly candlestick is much higher when presenting the same combination of candlesticksDaily K-lineIn addition, if it is possible toZhou K LineCombining the analysis of the stock price shape with the analysis of the analysis will have a better effect.
For friends who are engaged in short to medium term trading, Zhou K has guiding significance. We can combine weekly and daily charts to determine short-term support and pressure levels.
3、 K-line buying and selling principle
(1) In a 60 minute candlestick chart, if the first candlestick opens low and closes high, it indicates that the main force has a high degree of control over the market. After opening low, it quickly pulls back, and such stocks are worth paying attention to. Combined with the 5-minute buying method, it is easy to make profits.
(2) WhenK-line formStocks with a cross star (the solid part is in the upper half of the shadow), hammer line (both positive and negative lines are acceptable), T-line (both positive and negative lines are acceptable), or continuous small yin and small yang can be selected as stocks.
(3) After selecting the candidate stocks, you can operate based on the 5-minute candlestick buying and sellingstockEvery day. Then, assess the trend of the market and if it is good, buy at the opening; If it is weak, buy after 10 o'clock because the trend of the day can basically be seen at 10 o'clock. But regardless of the situation, I will not buy individual stocks with an increase of more than 4% because the risk is too high.
