$INTW This price action is indeed fierce. The moving averages are arranged in a bullish order in a very standard way, but the RSI has already climbed above 75—it's in the overbought zone. This is a classic bullish exhaustion signal. The Bollinger Bands have already broken above the upper band; chasing here is definitely a bit risky.
Support to watch is in the 25.0600–25.4282 range. If there's a pullback into this area and it holds, you could still look for longs. But if it breaks down below 24.0 directly, then this upswing is really likely to be over.
For observing the chart and scenario analysis only; it does not constitute a record of trading actions.
$INTW #牛市 #合约 # trade
Support to watch is in the 25.0600–25.4282 range. If there's a pullback into this area and it holds, you could still look for longs. But if it breaks down below 24.0 directly, then this upswing is really likely to be over.
For observing the chart and scenario analysis only; it does not constitute a record of trading actions.
$INTW #牛市 #合约 # trade