10.5 Monday market overview: Hynix SHKY long position secured 11 points and exited

SKHY Hynix went long with the trend after breaking through and stabilizing at 185.51. T1 and T2 were both reached, securing 11 points before fully exiting

SKHY is consolidating at 194.67. If the bullish butterfly harmonic pattern fully develops, with point D near 207.11, it means there is still a 7-point rise ahead

Although the long position at 185 has been fully exited, as long as the candlestick stabilizes at 194.67, chasing a long position with the trend can also add liquidity to the market

SKHY’s high since its stock tokenization on July 13 is 199.66. If it breaks through and stabilizes at 194.67, where should we expect it to go? Where is the resistance? After all, there is no resistance above, leaving an unobstructed path

Normally, we only use Fibonacci. When no resistance appears above, we need to use Fibonacci extensions. Using the Fibonacci extension from the low to the high and then back to the low, the upper 0.382-0.618 range represents resistance. Got it?

Go long with the trend after a breakout and stabilization at 194.78 on the right side, with a stop-loss level at 190.52 and targets near the previous highs of 199.06 and 205.16

The strategy has already been established; the rest is up to time. We’ll wait patiently for the U.S. stock market to open

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#GT三季度销毁近200万枚 $SKHY