The current price of Yitai is 4686, having recently surged to 4734 before retreating, fluctuating in the range of 4650 - 4700, indicating that bullish momentum has weakened, entering a correction and consolidation phase. The KDJ is in a downward divergence state, short-term bearish, but the J value has entered the oversold range, indicating a potential technical rebound. The short-term trend is mainly characterized by pullback consolidation. If the price can stabilize at the mid-track of 4660.43, it is likely to attempt a rebound to test the upper track of 4755.94; if it breaks below the mid-track, one should be cautious of the risk of a drop to the lower track of 4564.93. It is recommended to buy around 4640-4590, target 4720-4760.
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Forward Mr. Chen's notes.
The current price of Yitai is 4686, having recently surged to 4734 before retreating, fluctuating in the range of 4650 - 4700, indicating that bullish momentum has weakened, entering a correction and consolidation phase.
The KDJ is in a downward divergence state, short-term bearish, but the J value has entered the oversold range, indicating a potential technical rebound.
The short-term trend is mainly characterized by pullback consolidation. If the price can stabilize at the mid-track of 4660.43, it is likely to attempt a rebound to test the upper track of 4755.94; if it breaks below the mid-track, one should be cautious of the risk of a drop to the lower track of 4564.93.
It is recommended to buy around 4640-4590, target 4720-4760.