Analysis on August 8th Early Morning
Looking back at the evening, the big pie first showed a strong upward movement, and Dian Wei once touched around 116800, then entered a range oscillation and consolidation phase, overall maintaining a relative range operation.
From the hourly Bollinger Bands indicator, the current trajectory shows a clear strong characteristic: both the middle band and the upper band are significantly tilted upwards, and the band opening continues to expand, indicating that the short-term upward trend momentum is strong and the volatility has increased; the lower band is also extending downwards, further validating the current expansive characteristics of the market.
During the upward movement, Dian Wei consistently moved upwards, breaking through the upper Bollinger Band resistance, and during the consolidation phase still operated closely near the upper band, which typically reflects that the buying power is dominant, and the market is under strong buying pressure.
Therefore
The big pie can place buy orders in the range of 116000-115300
Target can be seen around 117000-118700
The second pie can place buy orders in the range of 3800-3760
Target can be seen around 3900-3960
