Evening Analysis on June 19
Due to today's impact from Meigu's persimmon market, the trading atmosphere is slightly subdued, with overall activity limited. From a technical perspective, the large pancake experienced three consecutive upward movements ↑🛳️ in the early hours but failed to maintain the upward momentum, instead entering a downward fluctuation ↓ channel, currently maintaining a narrow horizontal consolidation. The current persimmon market lacks significant momentum, with the small pancake gradually dominating, overall presenting a slight small pancake pattern.
The secondary pancake's trend is similar to that of the large pancake, also experiencing pressure after a brief surge, trapped in a range of fluctuations. Considering the hourly candlestick patterns and market sentiment, we present the afternoon strategy:
Large Pancake: look to buy on dips around 105100-105500, targeting around 103500.
Secondary Pancake: can sell around 2540-2550, targeting near 2460.
Due to today's impact from Meigu's persimmon market, the trading atmosphere is slightly subdued, with overall activity limited. From a technical perspective, the large pancake experienced three consecutive upward movements ↑🛳️ in the early hours but failed to maintain the upward momentum, instead entering a downward fluctuation ↓ channel, currently maintaining a narrow horizontal consolidation. The current persimmon market lacks significant momentum, with the small pancake gradually dominating, overall presenting a slight small pancake pattern.
The secondary pancake's trend is similar to that of the large pancake, also experiencing pressure after a brief surge, trapped in a range of fluctuations. Considering the hourly candlestick patterns and market sentiment, we present the afternoon strategy:
Large Pancake: look to buy on dips around 105100-105500, targeting around 103500.
Secondary Pancake: can sell around 2540-2550, targeting near 2460.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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