The weekly line is a small negative line similar to a doji shape with a long upper shadow and a short lower shadow. The trading volume has doubled compared to the previous week, and it is in a fluctuating upward trend.
The weekly MA30 line has changed from a downward trend to a flat trend, and the MACD is getting closer and closer to the zero axis below the zero axis, showing an increasing upward momentum.
Last week, after a big positive line crossed multiple moving averages, there was a trend of upward spikes and declines. Currently, several of them are still above the weekly MA30 line. The weekly level rise has just begun. Don't rush to get off the bus, you should find a position to get on the bus.
When the moving averages start to diverge upward, the weekly rise will begin.
The daily line is a small negative line with a long lower shadow and a short upper shadow. The trading volume is basically the same as the previous day, and is in a normal downward retracement trend.
The daily MA30 line maintains an upward trend, and MACD shows a weakening upward momentum above the zero axis.
After the price fell and returned to the vicinity of the daily MA30 line, it received support and formed a relatively strong rebound, returning to above the rising trend line. This shows that the support of the daily MA30 line is relatively strong. If it falls close to this position, you can buy it, which is very cost-effective.
Daily pressure level 43.6-48-51.6, support level 36.8-35.8-33.5-30.9
