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From a weekly chart perspective, the overall approach still doesn’t need major adjustments. The price action keeps following a strong consecutive bullish-days pattern. At this stage, the price is oscillating back and forth within the range. Placed in the context of the larger timeframe trend, this is essentially a correction-and-accumulation phase. Even if a pullback occurs, it doesn’t change the overall upward trend at all. Although the daily and smaller timeframes are seeing repeated oscillations, they still represent normal pullback corrections after a push higher. And the retracement lows are continuously rising, with the recovery speed relatively fast. Therefore, when the next dip comes, you can still follow through and buy the dip first; the short- and medium-term outlook for a continued rise remains unchanged.
Trading Recommendations
Buy the “big pizza” at the current price directly into it; target 79,500—80,000
Buy the “also pretty” at the current price directly into it; target above 2,400