Friends who operate stocks know that the daily chart reflects the fluctuation of stock prices every day, but if you are addicted to the daily rise and fall of stock prices, it confirms the state described by the ancient saying 'only see trees, not forests'. So, in order to better grasp the stock price trend in the long run, it is necessary to observe the weekly chart. In a weekly chart, investment responsibility can observe phenomena such as the quadratic golden cross, resonance, and resistance levels of the weekly and daily lines to find suitable buying and selling points.

1、 Weekly resistance. The support and resistance of weekly charts are more reliable than those on daily charts In the analysis of the shape of the weekly candlestick chart, if a long shadow line touches the 60 week moving average when it crosses the weekly candlestick chart, it indicates that there is a lot of pressure on the 60 week moving average, and the stock price is likely to rebound in the future; If a physical weekly line crosses or even touches the 60 week moving average, it indicates that the market will continue to rise, and the probability of completely breaking the 60 week moving average is over 70%. The 60 week moving average is an annual line in the daily chart, but if you only look at the annual line, you cannot distinguish the willingness to break through. In addition, the continuity of daily fluctuations makes the trend even more difficult to separate. However, the weekly line is different. The duration of the weekly line is relatively long, and after breaking through, it will be very stable, so investors will have enough time to determine their investment strategy.

2、 The weekly and daily lines resonate. The mid-term trend of stock prices is reflected by weekly lines, and the daily activity of stock prices is reflected by daily lines. If both the weekly and daily indicators send a buy signal, it indicates that the reliability of the signal is high, especially when the weekly KDJ resonates with the daily KDJ, which is an excellent buying point. The daily KDJ indicator has strong sensitivity and randomness, and changes quickly. The market sends false signals, leaving investors at a loss. If the weekly KDJ and daily KDJ share a golden cross, which is called resonance, it will filter out which false signals.