8.23 Afternoon Analysis
The big pancake can wait for a rebound, around 115300, 114800.
The target can be seen in the range of 116400-117200.
The second pancake can wait for a rebound, around 4670, 4620.
The target can be seen in the range of 4800-4880.
Reviewing the morning, the big pancake oscillated back from the 117000 line, adjusting to around 115400.
From the hourly Bollinger Bands view, the current channel continues to be flat, reflecting that short-term oscillation momentum tends to be balanced and is in the oscillation consolidation phase. Meanwhile, Dian Wei is gradually approaching the middle track during the rebound process, indicating that the pressure from profit-taking after the previous surge is somewhat released.
