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Morning Thoughts on 10.21
From the 4-hour chart, the Bollinger Bands are slowly opening upwards overall, maintaining a complete shape. The price is currently oscillating and consolidating near the upper band of the Bollinger Bands; at the same time, the middle band of the Bollinger Bands is steadily moving up, forming effective support.
In terms of indicators, the MACD red energy bars continue to expand, indicating that bullish strength is still increasing; the KDJ indicator maintains a golden cross and continues to move upwards, with the overall bullish trend structure being solid.
Operation suggestions:
If the pancake drops to the range of 109750-109000, you can go long, targeting around 111200.
Auntie's pullback to around 3920-3895 can be bought, targeting near 4025.