Analysis of Cake
Four-hour structure: presents a V-shaped inversion, bottoming out and rebounding to the vicinity of the middle track.
In terms of trend, three consecutive positives followed by shocks and then closed negative, which is a relatively good trend range.
The short-selling momentum has basically been released, and MACD gradually increases in volume above the 0 axis, and the bulls have a certain advantage.
Hourly line structure:
Cake: After rebounding above 61,000, it has entered the bullish channel stage as a whole, and various kinetic energy indicators have turned downward without causing a sharp decline. Cake operations are still mainly low-long
Enter the market near 61,500, target near 63,600, stop loss 350 points
