8.29 Initial Morning Analysis
Yesterday, the big pie continued its downward trend, slowly sliding to 111829 in the early hours. Adding to this, the rebound stage did not see sustained volume expansion, and the buying strength appeared slightly insufficient.
After briefly piercing the upper Bollinger band on the 4-hour chart, it quickly faced pressure, with the K-line retreating towards the middle band, and three consecutive bullish candles indicating insufficient bullish momentum!
Trading Suggestions
Big Pie: Short at 112700-113300, target 110500-111500
Auntie: Short at 4550-4620, target 4400-4450
