Flag pattern continuation, the ascending channel remains valid. Good morning, brothers. Yesterday, Lao A's view that the retracement around 8900 was validated. Currently, this flag pattern ascending channel is still effective, and the move around 89000 is accompanied by a second retracement, but resistance around 94000 also exists. The strategy is to go and do, with a medium-term target of 99000 unchanged. For strong C-wave momentum, look at around 107000, which is of course the limit.
This month ends with Christmas, and the holiday may lead to some liquidity loss. The rate cut this week was not significant, and liquidity has not been effectively supported. High-altitude strategy: Sell short at 93000-93500, buy back at 94000, watch 91000, and if strong, look at 89500. Do not break below the 91000-90000 range directly. For the double bottom pattern, buy around 3220, add on dips near 3180, look at 3350, and if strong, target 3420.
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Flag pattern continuation, the ascending channel remains valid. Good morning, brothers. Yesterday, Lao A's view that the retracement around 8900 was validated. Currently, this flag pattern ascending channel is still effective, and the move around 89000 is accompanied by a second retracement, but resistance around 94000 also exists. The strategy is to go and do, with a medium-term target of 99000 unchanged. For strong C-wave momentum, look at around 107000, which is of course the limit.
This month ends with Christmas, and the holiday may lead to some liquidity loss. The rate cut this week was not significant, and liquidity has not been effectively supported.
High-altitude strategy:
Sell short at 93000-93500, buy back at 94000, watch 91000, and if strong, look at 89500.
Do not break below the 91000-90000 range directly.
For the double bottom pattern, buy around 3220, add on dips near 3180, look at 3350, and if strong, target 3420.