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2.3 Latest Ideas on Big Bull and Small Bull
Last night, we placed long positions on Big Bull at 2250 and Small Bull at 77000. The market smoothly pushed higher in the early morning, with Big Bull reaching a high of 79300, and Small Bull testing 2395, leaving good room for growth. Tonight, Shipan will continue to provide real-time updates. There is still an opportunity for a reversal!
Today’s white session saw oscillations and a pullback, but the downward momentum has significantly weakened. On the daily chart, there was a consecutive decline with a long lower shadow on yesterday’s candle, indicating that the downward trend has been contained. Technically, the RSI indicator has turned upward from the oversold zone, the four-hour MACD histogram is expanding, and the stochastic indicator is diverging upward, all signaling a clear rebound. However, the hourly RSI is in the overbought zone, so a small correction is likely during the rebound.
Specific Strategies:
Buy on Big Bull at 77500-78200, targeting 80000-82000; buy on Small Bull at 2270-2300, targeting 2400-2450. The medium- to long-term targets remain unchanged: Big Bull aims above 84500, and Small Bull above 2720.
Personal opinion, for reference only, not investment advice!