The Bollinger Bands are generally showing a downward opening trend, with prices continuously moving between the middle and lower bands. The middle band is steadily turning downward, which directly defines the current weak pattern. The upper band is also moving downward simultaneously, further constraining the rebound space for the price.
The downward trend line extended from the previous high of 3367.98 resonates with the current Bollinger middle band position, creating resistance. After the price rebounded to 3037.49, it encountered resistance and fell back, clearly indicating the strength of resistance in that area.
Consort Queen's Operation Suggestion: Rebound around 3000-3050, with a downside target of 2900-2800.
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January 23 Consort Queen's Incident Thinking
The Bollinger Bands are generally showing a downward opening trend, with prices continuously moving between the middle and lower bands. The middle band is steadily turning downward, which directly defines the current weak pattern. The upper band is also moving downward simultaneously, further constraining the rebound space for the price.
The downward trend line extended from the previous high of 3367.98 resonates with the current Bollinger middle band position, creating resistance. After the price rebounded to 3037.49, it encountered resistance and fell back, clearly indicating the strength of resistance in that area.
Consort Queen's Operation Suggestion: Rebound around 3000-3050, with a downside target of 2900-2800.