The morning's Kongdan strategy has at least 800 points of Kong space, and conservative investors can choose to take profits themselves.

Recently, the big pancake K-line has retreated from a high position, forming a series of bearish candles, which also confirms what we mentioned earlier that we are currently in a downward trend.

In the short term, it is currently in the oversold zone and will experience some rebound, but we need to constantly pay attention to the sustainability of the rebound. Because there has not yet been a clear reversal signal.

In terms of operations, we still need to focus on making trades during the rebound, with 788 and 794 as re-entry points. On the downside, pay attention to the previous low of 766. If this level is broken again, then the next target could go towards 740 or even 720!