Affected by the Federal Reserve's interest rate hike, the double bottom reached a new high and then quickly pulled back. The correction is now essentially complete. In the KDJ indicator, the J line has already reached -10.78, and a rally is imminent. Do not blindly chase short positions.
Personal suggestion, for reference only (strictly set stop-loss) The double bottom can be around 3170-3100, with a target of 3300-3440.
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12.11 Thursday Morning Double Bottom Analysis
Affected by the Federal Reserve's interest rate hike, the double bottom reached a new high and then quickly pulled back. The correction is now essentially complete. In the KDJ indicator, the J line has already reached -10.78, and a rally is imminent. Do not blindly chase short positions.
Personal suggestion, for reference only (strictly set stop-loss)
The double bottom can be around 3170-3100, with a target of 3300-3440.