Linmu 7.27 — Dahuang trading idea analysis

A strong short-term bullish breakout. After touching the 4082 high last Friday, the upward trend has been established, but short-term indicators show that overbought risk is increasing. Today, most likely there will be repeated confirmations around the breakout level. Momentum divergence appears across larger and smaller timeframes, so the probability of back-and-forth choppy whipsaw to shake out positions is high. Be patient and wait for a pullback entry; don’t rush to chase at higher prices.
For resistance overhead, focus on 4097–4112; for support below, first watch 4082 and 4067.
Plan:
After rebounding into the 4097–4107 range and getting blocked, watch for a short (high sell) opportunity. The first target is 4082; if it breaks smoothly, the outlook then shifts lower to 4067, and possibly even around 4051.
On the other hand, if it unexpectedly holds above 4097, adjust the plan: after a pullback and confirmation, look for upside toward around 4112. #直通IPO第二期JerseyMikes $XAUT