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5.12 Lunchtime Concubine's Trading 🍜 Poetry Outlook
Don't step into the pit! Core reminders for the current position of the concubine's holdings/market↓
Currently around 2305, exactly within the 2300-2320 support zone identified by Poetry Outlook in the morning, at the end of a rebound and high-level consolidation.
Upper resistance, the short-term first resistance level is 2330-2350 (current platform resistance), strong resistance remains in the 2380-2400 range, with two attempts to push higher being met with resistance and retreat, indicating selling pressure is concentrated.
Lower support, the 2300-2320 range is the current lifeline; if it can stabilize here, the bullish structure remains intact. Once it effectively breaks below 2290, it will break the current consolidation pattern and open the downside space.
Concubine's suggestions:
If you have already followed the morning strategy based on Poetry Outlook and are near the support zone, you can continue to hold! Focus on whether it stabilizes within the 2300-2320 range!
If it reclaims 2330 with increased volume, you can continue to hold for targets of 2360-2380; stop-loss at 2290.
Friends who haven't entered the market yet, currently in the support zone, it's not the best time to chase the bullish move!!!
A safer approach is: wait until it stabilizes within the 2300-2320 range, and the MACD green bars shrink, then lightly add to your position or wait for a volume breakout above 2380 and stabilization before following the trend, to avoid being swept back and forth during consolidation!
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