#UNI Around 9.2, I reduced part of the position.
As mentioned earlier, this was the first batch of positions. The original purpose of establishing them was mainly to prevent missing the opportunity (entering too late).
After observing these past two days, the main force does not seem to be planning to directly break upward through the upper range near 9.5. Instead, it has been continuously pressing orders and distributing/disposing of holdings, which suggests a bigger intention: to shake out people who chased in at this higher level.
Since it hasn’t broken through, the job of this core bottom position is already done. I’ll reduce the position first and then look to take it back at a lower price later, lowering and spreading out the average cost.
When the market turns downward to wash out positions, I will set up a second batch of spot holdings. The specific price range won’t be discussed in detail for now; roughly speaking, I’ll be watching for opportunities below 8.5.
One reminder: swing trading itself involves risks.
As mentioned earlier, this was the first batch of positions. The original purpose of establishing them was mainly to prevent missing the opportunity (entering too late).
After observing these past two days, the main force does not seem to be planning to directly break upward through the upper range near 9.5. Instead, it has been continuously pressing orders and distributing/disposing of holdings, which suggests a bigger intention: to shake out people who chased in at this higher level.
Since it hasn’t broken through, the job of this core bottom position is already done. I’ll reduce the position first and then look to take it back at a lower price later, lowering and spreading out the average cost.
When the market turns downward to wash out positions, I will set up a second batch of spot holdings. The specific price range won’t be discussed in detail for now; roughly speaking, I’ll be watching for opportunities below 8.5.
One reminder: swing trading itself involves risks.
