5.6 Flatbread Midday Analysis

MA7 and MA30 are in relatively close positions, indicating that the market lacks strong momentum in the short term, with the main trend near the moving averages, resulting in a consolidation trend. There are currently no significant golden cross or death cross signals on the fifteen-minute chart. In the afternoon, it may continue to maintain a consolidation stance, with a fluctuation range of 935-950.

Hypothetical trend: If a breakout pattern occurs and the 947 resistance area is broken, it may open up upward space, providing an opportunity for trapped investors to profit. For those entering in the morning, the first profit-taking level should be near the resistance level around 947. The support point is near the 935 area.

In the short term, you can operate within a volatile range, going short at high prices and long at low prices, while strictly controlling the risks.

There has been no significant direction for a long time; wait for a breakout or breakdown signal to determine the direction.
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