Target of 4800 achieved as scheduled; bullish main wave continues with low positions

The trend is the sail, the level is the rudder. The yellow fish market moves with the trend to achieve steady and long-term progress.

Today, the yellow fish continued its strong upward momentum in the morning, opening at 4760. Currently quoted at 4791, up 0.74% for the day, with a high of 4800 and a low of 4752 during the session. Overall, it shows a one-sided upward trend, with bullish momentum continuously releasing. Our long-standing mid-to-long-term target of 4800 was successfully reached in last night’s market, achieving the short-term goal simultaneously, perfectly validating our low-buy main line logic.

Starting from the 4400 and 4500 zones, we have been firmly bullish and continuously optimistic about reaching 4800. We have guided many students to gradually position and hold confidently. Many students have bought at low levels and fully caught this main upward wave, reaping substantial gains.

From the 1-hour Bollinger Bands perspective, the current price is closely hugging the upper band, with all three bands diverging upward simultaneously. The middle band at 4741 provides strong support, the upper band at 4811 acts as short-term resistance, and the lower band at 4671 is the medium-term support level. The price continues to climb along the upper band, indicating a typical bullish trend. The breakthrough of the 4800 level is not the end but the starting point of a new upward move. A pullback to the middle band is a low-buy opportunity. The target above can be seen in the 4810-4830 range. If the upper band resistance is effectively broken, it will further open the upward space, aiming for a push toward 4850-4900.

In terms of operation, continue to adhere to the low-buy strategy. Buy in batches on pullbacks around 4770-4775, with a stop loss at 4755. The target is 4805-4810, and hold through breakouts. For short positions, only consider light positions around 4810-4815, strictly set stop losses, and avoid fighting the market.

Disclaimer: All analysis and strategies in this article are personal market opinions only and do not constitute any investment advice. Market conditions change rapidly, trading involves high risk, and investors should make their own decisions and bear their own trading gains and losses.