Morning Thoughts on April 22
The big pie continued its fluctuating trend last night, repeatedly testing in the battle between bulls and bears, until today’s morning session finally welcomed a turning point. The price has surged strongly and has now stabilized at the $885 mark.
From a technical perspective, since the big pie stabilized after last night’s low point, it has started a steady upward rhythm, with each rebound accompanied by solid volume support. The previously lost ground is gradually being reclaimed, and the market's bullish momentum is clearly building, with an upward breakthrough of the previous high just around the corner.
From the daily chart perspective, the three consecutive bullish candlestick pattern has already formed, with bullish power continuously pouring in and volume maintaining high levels, making the trend opportunity increasingly clear.
Trading Suggestions:
Buy the big pie on a pullback to 870-875, with a stop loss at 865, targeting 890/900;
Buy the auntie on a pullback to 1550-1560, with a stop loss at 1530, targeting 1650.
