Latest Operational Thoughts of Big Pie Aunt on Wednesday, August 13:
From the current perspective, the overall situation is in a high-level consolidation stage on the daily chart, with obvious characteristics of horizontal repair, gradually approaching the mid-track resistance level.
Before this, it has been repeatedly emphasized that consolidation is essentially a process of accumulation. Looking back at the previous trends, although there have been multiple downward tests of the lows, an effective downward breakthrough has never formed.
This indicates that the bearish strength has significantly weakened, and the short-selling momentum is nearing exhaustion. In terms of operation, continue to focus on the low strategy for deployment.
Big Pie: 118500 line, stop loss at 118000, target 121000-123000.
Aunt's Strategy: 4450 line, stop loss at 4420, target 4600-4680.