August 28th Early Morning Analysis
Big Cake: Trading around 111200-109600, with a target around 113000-114000
Second Cake: Trading around 4590-4550, with a target around 4700-4800.
Big Cake showed a strong upward trend this evening, rising directly from the 110956 level to 112570. Although currently in a pullback phase, the BOLL has gradually flattened. From a 4-hour perspective, the MACD continues to increase in volume, and the upward momentum is still rising. It has already broken through the 4-hour middle line, which had eluded it for many days, effectively opening up the upward trend.
The previous two days of consolidation have laid a solid foundation for today's breakthrough. The short-term strong pattern has been basically established, and the subsequent upward trend has strong support.
