Jin Dachuan 8.23 Big Cake Strategy
The big cake rose as expected yesterday, currently near 117000, showing a bullish engulfing pattern. The strong buying support below has led to a long lower shadow, and macd has shown a bottom divergence. This is a clear signal of a rebound from the bottom, not a corrective rebound in a downtrend, but a genuine trend reversal!
Recommended 115200-115800, target 118000-120000.