4.23 Afternoon Pancake Operation Ideas

The road to success is not crowded, because there are not many who can persevere until the end. When you want to give up, please tell yourself to hold on a little longer, because often this little bit of persistence brings you one step closer to your dreams.

The current market shows a bullish dominant pattern on the technical front, with a daily candlestick breaking through the previous consolidation range, stabilizing above the EMA trend line and forming a one-sided surge. The EMA is in a bullish arrangement with narrowing gaps, and the MACD indicator's DIF and DEA lines have crossed above the zero axis and are accelerating upwards. The red bars are continuously expanding, and the volume-price resonance strengthens the bullish trend. Although the candlestick has slightly retraced after breaking through the upper Bollinger Band, it has not effectively broken below the middle band support, confirming the validity of the breakout. On the weekly level, after testing the resistance of the middle Bollinger Band, the retreat has been limited, and the close remains above the 5-week moving average. The MACD's golden cross above the zero axis continues, and the red bars continue to expand, suggesting that the medium-term adjustment is nearing its end, with the market expected to continue rebounding; on the 4-hour level, the candlesticks have broken through consecutive bullish lines, with all moving averages showing a bullish arrangement and diverging upwards. The short-term pullback has not broken key support, and the volume-price relationship shows a decrease in volume during pullbacks and an increase in volume during rises, consistent with strong adjustment characteristics. The Bollinger Bands are expanding, and the candlesticks are operating close to the upper band. The MACD fast and slow lines have had a second golden cross above the zero axis, indicating that there is still momentum for a short-term high. Therefore, in terms of operations, it is recommended to primarily adopt a trend-following long position. When pulling back to key support levels (such as daily EMA 10/20, 4-hour highs, or dense moving average areas), a small position can be taken to try long, with a stop loss set 1%-2% below the support level. The first target looks towards the upper Bollinger Band on the daily chart and the previous high resistance. After breaking through, look towards the middle band on the weekly chart and previous high dense areas.

Afternoon Operation Suggestions

Buy at 92500-93000 Target 95000

Defend at 91500, do not break, can hold.