5.25 Afternoon Analysis


Yifan saw Dodo 77400 in the early morning, reached in the early morning at 77800, currently only 100 points away, combined with the current Bollinger Bands and moving averages on the chart: overbought at high levels, divergence risk is emerging
Price has broken through the upper Bollinger Band (77560.5) and is operating within it, which is a typical "overbought condition," although the Bollinger Bands are opening upward, the area near the upper band is often a strong resistance zone for short-term bulls, easily triggering technical pullbacks. Meanwhile, the price shows a significant divergence from the MA7 moving average (77119.5), with a large divergence rate, indicating an inherent need for corrective retracement. Currently, the current price of Dodo is not high, and my personal suggestion for Yifan: around 77700-78200, with a target of around 76800-76100.
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