7.19 Midday Analysis
From the daily candlestick perspective, Hangqing shows a trend of decreasing volume. The 4-hour level shows a decrease in volume, forming two consecutive bullish candles after hitting the bottom, but then a bearish candle appears. The key level to watch above is around 118500, followed by around 119800. The 1-hour level shows a gradual increase in volume and forms a breakout, with attention on the area around 118900.
Suggestions:
Big Cake: In the short term, consider taking a long position around 118500-119000, and a low position around 118000-117500.
Second Cake: In the short-term strategy, consider taking a long position around 3550-3520, with a target towards 3600-3620; if the trend reverses, consider taking a short position.
