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5.13 Double Bottom Analysis
The daily chart shows a slight bullish oscillation, currently around 2290. After dipping to 2256 in the early morning, it quickly recovered. The support at 2250-2260 is very strong, with good capital absorption, and the bearish momentum is weakening. The four-hour chart has stabilized above the short-term moving average, the MACD green bars are shortening, and after overselling, there is a strong rebound demand.
Trading Suggestions
Buy at 2260-2280, stop loss at 2230, target 2330-2350.