From the pagoda-line to the dark horse of course Money Tips

Category: Money Tips Date: 2006-05-30

The so-called Pagoda line is white (or red) black (or green) bar lines to divide the entity's share price up or down, and judged its ups and downs of a trend line, but also between the flame will be long-short course and strength changes reflected in the diagram, and display the appropriate buy and sell when the timing. It is usually only a day's closing price as the only value parameters, filtering the K-line map makers deceived many lines. In a sense, as long as the price trend is up, the pagoda will always remain a red line entity up, especially in tracking the movement of stocks in a strong applied successfully.

Let us look at one of the pre-big black horse Hechi Chemical (0953), whose shares are listed, the main has been pressure Xihuo oriented activities, and adjustments in the platform over several weeks, until March 13, Pagoda line of meteoric ( buy signal); March 14 to begin the first of a heavy volume limit-, Pagoda line shows it as a valid break (again buy signal), followed by the pagoda-line theory can always float to the March 28 pagoda-line turn green when the smooth shipments (up nearly 140%), during which could be any interference from the main Xichou, eating section of the main Shenglang the most straightforward, this comfortable How can a "cool" Zile De.

The Unit has left us with a stock-picking ideas are as follows: First, in a recent tape at the top of its own run-time when, it is best to choose new shares, there is no hold-up disk, the main bargaining chip in as long as the suction pulled up enough to be handy; second, changing hands more fully, we must have enough chips to ensure the main force; third, of course, and most importantly, the pagoda-line must be effectively break through new highs.

So researchers from the dozens of new shares in SG found Sinochem International (600.5 thousand), the Unit Liu Tongpan 120 million, of which the Fund's 1500 stock placement must be after September 1 before being listed. 99 Annual earnings per share 0.32 yuan, the net return on assets was 8.4%, the main business of import and export of chemical products such as the relative business. Since March 1 hit the market, changing hands nine trading weeks 250%, pagoda-line closed on the 4th consecutive red bars, but two days after the apparent volume amplification, moving averages are also beginning was long arranged almost in a wave of the main Shenglang eyes.

The use of the pagoda line is a simple and effective approach, it is an intuitive graphical use of skills is not complicated if a number of secondary indicators will be combined to use, make it more complete, we will explore with you the next in succession.