Good evening. Right now, it’s hovering around 2150 and holding firmly above all major moving averages. The MACD also shows that upward momentum is still strengthening, which indicates the trend is very strong. Although it’s risen a lot in the short term and the RSI is a bit high—so a small pullback is possible—the volume looks like it was amplified during the up-move. The recent sideways consolidation with reduced volume is normal consolidation and not a bad sign. The main supports are around 2120 and 2090. As long as it doesn’t break below that, the upward structure should be fine.



Bing Tang Orange has support around 69000-68200, and afterward it may test the 70500-71800 range;

Auntie has support around 2120-2095, and afterward it may test the 2185-2225 area.

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