8.19 Zhiming Afternoon Analysis and Suggestions
Looking back at the past, the morning big pie showed a stepwise downward trend, with the highest reaching around 116900 and the lowest around 114300. Currently, the price is hovering around 115200.
Looking at the price level, on an hourly basis, the MA144 and MA169 moving averages are both moving downwards, forming strong resistance, and the price has been weakly operating below the moving averages. The MACD indicators DIF and DEA remain in negative territory, with momentum continuing to be released.
Zhiming's Suggestions
Watch for the big pie around 115500-116000, look for support at around 114500-114000.
For Yitai, watch around 4290-4530, look for support at around 4210-4170.
