8.6 Wednesday Luncheon Pancake Operation Strategy
The road to success is not crowded, because there are not many who can persist until the end. When you feel like giving up, please tell yourself to hold on a little longer, because often it is this little bit of persistence that brings you one step closer to your dreams.
From a technical perspective, the current market trend highly aligns with previous assessments. The strategic direction of short-term replenishing the bullish position was clearly locked in yesterday. Although the pullback depth exceeded initial expectations, the key technical structure remains intact, and the foundation of the bullish trend is still solid. Against this backdrop, the core operational thought should be unwavering: it is better to firmly hold the bullish position than to blindly speculate on the top.
The stability of the current bullish trend is reflected in three key dimensions. Firstly, from the perspective of structural integrity, although the price has pulled back deeper than expected, it has not fallen below the bullish trend line and previous important low points. The 4-hour chart shows a "drop-absorption-rebound" three-part adjustment structure, which aligns with the normal retracement characteristics of the bullish trend. Especially near the Fibonacci retracement level, buying power has significantly increased, forming clear technical support.
Secondly, the volume-price relationship continues to validate bullish momentum. The trading volume at the daily level has significantly shrunk during the pullback phase, while it has gently expanded during the rebound phase, forming a typical bullish volume-price combination of shrinking pullbacks and expanding rallies. The MACD indicator at the weekly level has continued to rise after a golden cross, with red bars continuously increasing, indicating that bullish momentum is still in the accumulation phase, with no signs of exhaustion. This volume-price coordination suggests that the current rise is not driven by short-term capital, but rather supported by continuous inflows of medium- to long-term capital.
Operational Suggestions
Pancake 113000-113500 buy, target around 114500
