1. The golden section method can determine the strength of individual stocks

(1) Judgment of the strength of strongly rising stocks: Assume that a strong stock has a stock price of 10 in the last round. Yuan rose to 15 yuan, showing a strong trend, and then a correction occurred. To what price will it fall back? The 0.382 level of the golden section is 13.09 yuan, the 0.5 level is 12.50 yuan, and the 0.618 level is 11.91 yuan. These are the three support levels of the stock. If the stock price is at 13. Gaining support near 09 yuan, the stock's strength remains unchanged, and the probability of breaking through a new high of 15 yuan in the market outlook is greater than 70%. If it reaches a new high, the stock will be in the third main rising wave. What price can it go to? Use a 0.382 price point (15-13.09) + 15 = 16.91 yuan, which is the first pressure level; use two 0.382 price points (15-13.09) × 2 + 15 = 18.82 yuan, This is the second pressure level; the third pressure level is a multiple of 10 yuan, which is 20 yuan. Back to the front, if the stock lowers from 15 yuan to around 12.50 yuan before finding support, then the strong characteristics of the stock have faded, and the probability of breaking through 15 yuan in the market outlook is only 50%. If it breaks through, the high point can generally only be reached. A price of 0.382 is about 16.91 yuan; if it cannot break through, it will often form an M head. The market outlook will break through the longitude of 12.50 yuan and then return to the starting point of 10 yuan. If the stock lowers from 15 yuan to 0.618 to 11.91 yuan or even lower to find support, then the stock has turned from strong to weak, and the probability of breaking a new high of 15 yuan is less than 30%. Most of them only touch 0 of the upward and downward adjustment space. . Near the 5th position (assuming a correction to 11.91 yuan, the rebound target is approximately (15-11.91) × 0.5 + 11.91 = 13.46 yuan) and then declines again, running the downward C wave of the stock. Approximately what price will it fall to? Use 11.91-(15-13.09)=10 yuan, which is the first support level and the previous low; 11.91-(15-13.09)×2=8.09 yuan, which is the second support level Bit.

(2) Research and judgment on the nature of weak stocks: Assume that a weak stock fell from 40 yuan to 20 yuan in the last round, and then rebounded. The golden section of 0.382 is 27.64 yuan. ; 0.5 bit is 30 yuan; 0.618 bit is 32.36 yuan. If the stock only rebounds to 0.382 around 27.64 yuan and then falls back when encountering resistance, the stock's weak characteristics will not change, and the probability of breaking a new low of 20 yuan in the market outlook is greater than 70%; if it rebounds to 0.5 to 30 If the RMB 20 yuan encounters resistance and falls, then the weak stock nature of the stock has shown signs of strengthening, and the probability of falling below 20 yuan in the market outlook is less than 50%. Most of them once again find support above 20 yuan, forming a W bottom. In the future, there is the possibility of breaking through the neckline of 30 yuan and attacking the previous high of 40 yuan; if it rebounds to 0.618 and around 32.36 yuan before encountering resistance and falling back, then the The stock's equity has turned from weak to strong, and it is basically certain that the market outlook will not break the previous low of 20 yuan. It is more likely to retest the 0.5 position of the rebound space (assuming it rebounds to 32.36 yuan, the retracement target is ( 32.36-20)×0.5+20=26.18 yuan), the probability of breaking the previous high of 40 yuan in the market outlook is greater than 50%. The first pressure level is 40 yuan, which is the previous high and a multiple of the previous low of 20 yuan; the second pressure level is 52.36 yuan, a multiple of the bottom of wave 2, which is 26.18 yuan. At this time, the stock is already running in the main rising wave 3 of a new rising wave. The golden section method is effective for individual stocks with an obvious upward or downward trend, but not for individual stocks running on the platform. Please make a distinction when using it.

2. The application of the golden section method in the time-sharing trend of the day

Characteristics of the trend of rising stocks on the day: trading volume is enlarged, the daily moving average is generally above the previous closing price and Slow operation, volume ratio 2-3. Soon after the market opens every morning, many stocks will rise to 6-8%, but don't chase at this price yet. Use the high and low prices of the stock from 9:30 to 11:00 am as the benchmark (if it opens with a high jump, yesterday's closing price should be the low price benchmark) and use the golden section to draw a dividing line to see if the daily average price line is at 0 ．Above or near 618, will it continue to rise slightly? If so, the probability of the stock's upward breakthrough in the future is very high. At this time, it should be 0. The price of 618 is the buying reference point. If the daily average price line is only hovering at 0.5 or even close to 0.382, the probability of the stock closing the positive line is low. Characteristics of the trend of individual stocks that fell on the day: the daily moving average generally runs below the previous closing price and slowly moves downward. From 10:30 to 11:00 in the morning, observe among the stocks that have fallen by more than 3%. Based on the high and low prices that appeared in the morning (stocks that jumped low and opened should use the previous closing price as the high price), draw the golden dividing line for observation. If the daily moving average is running close to 0.382, the stock is likely to close at a bare foot or a second low and a large negative line that day. Not only cannot it be considered for buying, but it must also be distributed on highs. If the daily average price line runs parallel near 0.618, the stock has rebounded and strengthened, and short-term intervention can be considered.

3. Use the golden section to determine the support or pressure level

When conducting technical analysis of the market, the golden section is a commonly used analysis tool. Its main function is Use the golden ratio to give the support or pressure level of the stock index or individual stock in advance, so that you can prepare for operations in advance near the possible target level.

The golden section uses the principle of the golden section ratio to analyze the market and gives the corresponding tangent positions accordingly. The principle of the golden section originates from the Frebonacci sequence. The well-known golden ratio 0.618 is the ratio of two adjacent values ??in the Frebonacci sequence. At the same time, more important ratios such as 0.191, 0.382, and 0.809 are calculated based on this. . Among them, the most commonly used ratios in the golden section are 0.382 and 0.618. When applied to the analysis of the stock market, it can be understood that the positions corresponding to the above ratios are generally prone to strong support and pressure. After the end of an intermediate market, the trend of the stock index or stock price will move in the opposite direction. At this time, whether it is from a downward trend to an upward trend or from an upward trend to a downward trend, it can be based on the latest trend market. The rise and fall between the important highs and lows is used as the range of analysis. The original rise and fall are divided into 5 golden sections according to 0.191, 0.382, 0.50, 0.618, and 0.809. The stock price may rise after the market reverses. Temporary resistance or support is encountered at these golden points.

What needs to be noted when applying the golden section and percentage line is: for the golden section, the two most important lines are 0.382 and 0.618. In the rebound market, the 0.382 position is the weak rebound target, and the 0.618 position is the strong rebound target. During the callback process, if it is a strong callback, there should be strong support at the 0.382 line. If there is a weak callback, the 0.618 line is the strong support level.

For example, the retracement support level of a certain market can be calculated by the following formula: The retracement support level of a certain market = the high point of a certain market - [the high point of a certain market - the lowest point of a certain market] ÷0.382 (or 0.618).

4. How to draw the golden section

At present, most stock analysis software has line drawing auxiliary functions. The drawing of the golden section is relatively simple. The method of drawing is as follows :

1. First, find the line drawing function of the analysis software and click on it;

2. Click the golden section option in the line drawing tool bar;

3. If the stock price is in the stage of bottoming out and rising, use the low point as the base point, click the low point with the left mouse button, hold down the left mouse button, and drag the mouse to align the edge with the corresponding high point, that is, backtracking At the peak of this down band, release the left mouse button and the system will generate a golden section line that rebounds upward to the upper pressure level. For example: the golden section line is made with the low point of 1259 on September 13, 2004 as the base point and the high point of 1783 in April 2004 as the peak. The counterattack launched at 1259 points happened to be blocked and fell back at the golden section line. If the stock price is in the stage of peaking and falling, use the high point as the base point, click the high point with the left mouse button, hold down the left mouse button, and drag the mouse to align the edge with the corresponding low point, that is, trace back this point. At the bottom of the rising band, release the left mouse button and the system will generate the golden section. For example: the golden section is drawn with the high point of 1529 in March 2003 as the base point and the low point of 1311 in January 2003 as the bottom. The 0.382 callback level of 1311-1529 is 1445 points, and the market stabilizes at 1447 points and starts a new trend. An upward attack.

In actual operation, you should also pay attention to: 1. The two most important lines in the golden section are 0.382 and 0.618. In rebound, 0.382 is a weak rebound level, 0.618 is a strong rebound level, and in callback, 0.382 It is a strong callback level and 0.618 is a weak callback level.