When the breakthrough arrives, any resistance is just like a piece of window paper. Such a tough concubine is the one I like.

12.9 Evening Yitai

The marks left by the big pancake are even more pronounced than Yitai! On the hourly chart, the highs keep decreasing, but there haven't been any lower lows either. If there are no new highs, it's hard to sustain an uptrend. If the neckline position at 3075 breaks, it will basically be over. Conversely, the resistance above is also significant, with 3130-3155-3180 constantly suppressing it. To rise, these resistances must be broken first.

On the 4-hour chart, this trend line cannot be broken; breaking it would indicate the start of a 4-hour downtrend for Yitai. Similarly, if Yitai cannot break out of the 4-hour consolidation range, it will never rise.

The evening Yitai should also focus on the right side.

1. If it breaks and stabilizes above 3130, chase on the right side with a target of 3155-3180 above.

2. If it breaks below 3085, chase on the right side with a target of 3040-3000 below.

Let's wait for the US market; it's been moving too slowly.
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