LUNC is a latecomer. Will it continue to make efforts in the future?
LUNC also had a good increase yesterday, and the final closing price was 11%, but it also began to fall continuously. I think this is normal. As I said before, business wars without callbacks are unhealthy.
Going back to the market and combining analysis, yesterday's rise touched the neckline of the entire falling consolidation zone and then fell back quickly. Obviously, it is still not ready for a breakthrough. Once it breaks through, it will usher in a very good wave of gains.
I personally think that as long as the callback does not exceed 0.618-0.666, the subsequent expected rise can be achieved without pressure. Combined with the pressure point, this area forms a perfect resonance with the rising trend line, which can be regarded as a relatively strong support level
It is a very good point to enter the market at 0.618-0.666. The stop loss is placed at the previous low of 0.10202. The subsequent rising profit must pay close attention to the area around 0.125. This is the key position of this round of rising market. Once it breaks through, it is considered that the Dow 123 rule is fully established
In addition, entering the market at 0.5 is also a choice to prevent stepping into the market, because the market is uncertain. It may continue to rise without giving the opportunity for a deep correction. It is also very uncomfortable to not hold a position. We also have to learn to enter the market in batches and hold the opportunity firmly in our hands
