$AVGOB #AVGO This time, let’s break it down from a position-holding perspective. On the same chart, the key points seen by an existing position and by a flat position are different; current price is 359.99, 1-hour +0.00%, 24-hour +1.55%.
The current price is close to the upper end of the recent 24-hour range, with 1-hour +0.00% and 24-hour +1.55%. At elevated levels, the most important thing is to confirm acceptance after the breakout: if price can stay above the upper band, it shows the market recognizes a higher range; if it only briefly pierces through and then quickly retreats, watch out for a false breakout.
For existing positions, first observe whether there is repeated resistance around 360, and use 357.24 as the protective structure; for flat positions, do not chase near resistance. Wait for support after a pullback to the midline, or for a second confirmation after a breakout above resistance.
In execution, set clear conditions: after breaking above 360, confirmation is needed, rather than chasing a sudden surge; after dipping below 354.48, see whether it can quickly recover, rather than blindly buying on every drop; in the middle range, if there is not enough risk-reward, waiting is also part of the strategy.
Existing positions can be managed in stages according to key levels, avoiding making all decisions at once; flat traders should wait for breakout confirmation or a successful retest and stabilization. For U.S. stocks, also pay attention to volatility caused by session changes; the plan should be based on price conditions, not emotions replacing execution.
A trading plan must include invalidation conditions. If the judgment is right, profits can be taken in stages; if the judgment is wrong, allow yourself to exit, and do not use adding to a position to cover up the fact that the original logic has already changed. The market will keep updating, and opinions should also adjust with price evidence.
#ZECHitsANewAllTimeHigh
The current price is close to the upper end of the recent 24-hour range, with 1-hour +0.00% and 24-hour +1.55%. At elevated levels, the most important thing is to confirm acceptance after the breakout: if price can stay above the upper band, it shows the market recognizes a higher range; if it only briefly pierces through and then quickly retreats, watch out for a false breakout.
For existing positions, first observe whether there is repeated resistance around 360, and use 357.24 as the protective structure; for flat positions, do not chase near resistance. Wait for support after a pullback to the midline, or for a second confirmation after a breakout above resistance.
In execution, set clear conditions: after breaking above 360, confirmation is needed, rather than chasing a sudden surge; after dipping below 354.48, see whether it can quickly recover, rather than blindly buying on every drop; in the middle range, if there is not enough risk-reward, waiting is also part of the strategy.
Existing positions can be managed in stages according to key levels, avoiding making all decisions at once; flat traders should wait for breakout confirmation or a successful retest and stabilization. For U.S. stocks, also pay attention to volatility caused by session changes; the plan should be based on price conditions, not emotions replacing execution.
A trading plan must include invalidation conditions. If the judgment is right, profits can be taken in stages; if the judgment is wrong, allow yourself to exit, and do not use adding to a position to cover up the fact that the original logic has already changed. The market will keep updating, and opinions should also adjust with price evidence.
#ZECHitsANewAllTimeHigh
