6.18 Big Cake Early Morning Thoughts

The 4-hour chart of Big Cake is quite interesting this time. After breaking below the lower track, it quickly formed a reversal candle. The lower track has started to rise, and the bulls are quietly gathering strength. As long as the position of 103300 can hold, it is highly likely to first consolidate and shake out, then initiate a counterattack. In the short term, look for opportunities to go long at lower prices.

Trading Suggestions:

In the current price range of 103600-104100 for Big Cake, you can gradually enter long positions, with the first target around 105500. If there is a strong breakout, it can reach around 106500.

Remember to set your stop-loss properly, and take it steady!