Monday Morning Analysis
Yesterday early morning, the persimmon market saw a pullback, with the large pancake (big cake) hitting a low of 116370 before bouncing back. It is currently fluctuating around 117200; the second pancake (small cake) dipped to the support level of 3680 before rising, showing signs of stabilization in the short term.
From a technical perspective, the large pancake is fluctuating and consolidating within a key range, with the 4-hour candlestick showing a bottoming signal. The lower Bollinger band support is effective, and the overall bias in the morning is towards a bullish outlook.
Suggestions
Large Pancake: Can look for opportunities around 116800-116000, with a short-term target towards 119000-118500.
Second Pancake: Can look for opportunities around 3700-3720, with a short-term target towards 3800-3840.
