12.01 Tai'a Early Morning Big Cake / Auntie's Highlights
The evening big cake presents a pattern of high position fluctuations and adjustments: after a rapid rise from around 86000 to the line of 93000, it has fallen back, currently repeatedly contesting around the 91000 mark.
Suggestions:
Long Strategy
When the price pulls back to the range of 90900-91000 and shows supporting signals, take a light position to go long, with a stop-loss below the integer mark of 90000, first target at 91934, and if broken, look towards around 92500!
Short Strategy
When the price rebounds near the previous high of 91934 and faces resistance, a light short position can be attempted, with a stop above 92200, targeting the range of 91200-91000, and if broken, it can extend to around 90500
