Weekly stock picking skills
One-week and five-week moving averages are important indicators. If a stock goes through a round of high volume, followed by two consecutive negative lines and falls below the 5-week moving average, the market outlook will continue to fall, and it should be resolutely withdrawn at this time. However, when a heavyweight stock crosses the 5-week moving average and stands firm for two weeks, it is very likely to continue to rise, and you can actively intervene at this time. If the weekly turnover rate of the stock price does not exceed 20% at the highest point in history, the risk is extremely high at this time, and you should flee as soon as possible. Second, the average breakthrough. The moving averages in the weekly chart can be set at 5, 30, 60 and 90. The above settings can make the short-selling characteristics of many stocks clear at a glance. The 5-week moving average is used to judge the turning point of the market or individual stocks. Once the stock price breaks through and stands on the 60-week moving average, it will further strengthen. Whether it falls below the 60-week moving average is an important basis for deciding whether to intervene. Recommend Huatai Securities' one-stop wealth management platform-"Zengle Wealth Link" to provide investors with rich investment and financial management courses and learn investment and financial management knowledge. Huatai Securities, intimate housekeeper, everything you want is here. Click on the picture below to join us.