Brief analysis of copycat LPT.
The cost of building a position in LPT is 13.5u, and the current price is about 11.5u, with a drop of about 15%. Q: What should I do?
From the daily K-line chart:
1. It is in a convergent triangle operation, the 60-day moving average is flat, and multiple moving averages tend to be entangled.
2. MACD bottom divergence, light trading, 10-9u is likely to be the bottom.
[Suggestions]
1. It is not suitable for short-term trading. Medium and long-term trading can be entered in batches below 11u.
2. LPT belongs to the AI sector. Nvidia will release its financial report from October 21 to 25. If the performance is good, the AI sector will have a wave of market.
3. For those who are trapped, it is not suitable to cut losses at the moment. Wait until the market stabilizes before operating.
