Market review on Friday:
Last night, the volatility of big cake and concubine was large, with an oscillation range of about 1,500 points, but the support was relatively solid.
From the 1-hour K-line chart, the trend of three consecutive positive lines, although currently under the pressure of the moving average, has a small correction, but the decline is not large, and the probability of upward breakthrough is high.
If big cake stands firm near 96,200, it may test the 98,000 area in the future.
It is recommended to consider entering the market when it pulls back near the 95,000 to 95,500 range.
For concubine, if it breaks through 3,365 and stands firm at this position, it is expected to rise to around 3,460 in the future.
It is recommended to enter the market when it pulls back to around 3,320, and the stop loss is set at 3,000.
If you consider following the trend, you can use a smaller position to cover the position during the later pullback.
