7.27 Lu Hong, Erbing intraday outlook

Erbing broke away from the earlier range-bound consolidation pattern. It made a strong upward move, with the price continuing to surge and refreshing the session’s high.
From the 4-hour chart, the MACD formed a golden cross and continued to expand with increasing volume. Bullish momentum has been fully released. After a short-term spike to the upside, the modest pullback is a normal retracement; the larger picture of a bullish structure is beyond doubt.
Intraday outlook
On a pullback to around 1920, the key intraday support, directly set up long positions.
First target: the 1966 high.
After holding steady, look further up to 1985.
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