SNDKB has been steadily drifting lower, and it still hadn't stabilized by the close. It swept both sides, and sentiment fluctuated even more wildly than the price.
On the chart, the price was 920.40, down 1.86%. Volume was only 0.7 times the average of the past 7 days, indicating lighter trading. The intraday high was 966.71 and the low was 870.83. The price is in the upper-middle range, with the center of gravity gradually moving higher.
The current price is 3.0% above the 7-day moving average of 893.44, and the 7-day cumulative gain is +9.8%. It's still too early to call this a reversal. The nearest support is at 870.83; if that level breaks, I'll look to the next one down.
The chart pattern still isn't reassuring enough for me to enter with confidence. The price is above the moving average, so I usually wait for a pullback and confirmation before acting.
What do you think?
(The above is just my personal note. Don't take it as investment advice.)
#SNDKB #交易笔记 #K-line review
On the chart, the price was 920.40, down 1.86%. Volume was only 0.7 times the average of the past 7 days, indicating lighter trading. The intraday high was 966.71 and the low was 870.83. The price is in the upper-middle range, with the center of gravity gradually moving higher.
The current price is 3.0% above the 7-day moving average of 893.44, and the 7-day cumulative gain is +9.8%. It's still too early to call this a reversal. The nearest support is at 870.83; if that level breaks, I'll look to the next one down.
The chart pattern still isn't reassuring enough for me to enter with confidence. The price is above the moving average, so I usually wait for a pullback and confirmation before acting.
What do you think?
(The above is just my personal note. Don't take it as investment advice.)
#SNDKB #交易笔记 #K-line review