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Holding this position until now, the sentiment has really picked up. The $EIGEN long went from 0.2145 all the way to 0.2242, and ROE is already showing +217.93%. Those who said the rebound had no strength earlier have probably realized it now.
What I was paying attention to was the strength of EIGEN after the pullback, not just whether it was red. When it was moving under pressure earlier, many only saw the key resistance above, but ignored the increasing resilience below. The key point here is that bears cannot push it down, and as soon as bulls exert force, the pace will suddenly switch.
Now the price has extended, the volatility range has opened up, and profit taking has been quite decisive. I won't blindly add here. Those with larger positions can consider taking profit in batches of 70% first, and keep the remaining 20% with a protective stop, to see if it can continue to push. Be more clear-headed when winning, don't give back the profits you've already captured.
There are market moves every day, but good entry points are not available every day. If you missed it, don't chase the trade. Wait for the next opportunity, and move when the entry is more comfortable.
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