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8.21 Morning Thoughts
From the 4-hour chart, the price is steadily above the middle band of the Bollinger Bands. At this moment, the upper band is widening upwards, while the lower band remains stable, forming a clear expansion pattern, which indicates that the strength of the bulls is gradually increasing.
Looking at the K-line patterns, in the last three 4-hour periods, there have been consecutive bullish candles with small wicks, and the bodies of the bullish candles are getting larger, showing a stair-step upward trend. The pullbacks during this period have been small, indicating strong buying support.
Pancake operation idea: pull back near 112850-113780, look up near 115350.
Concubine's operation strategy: Pullback near 4215-4260, looking up at around 4435.