The previous large bullish candlestick range has been confirmed as the core support zone for the bulls. This level is not only the cost area for major funds but also an important turning point for market sentiment. - During the recent pullback, candlesticks frequently show long lower shadows, indicating strong buying support below. - This correction is highly likely to test the 3260-3280 range again. As long as this area holds, the strong consolidation pattern will remain intact.
Consort Queen Trading Suggestion: During the pullback near 3280-3240, consider buying, with an upward target around 3360-3450.
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January 18 Consort Queen Market Outlook
The previous large bullish candlestick range has been confirmed as the core support zone for the bulls. This level is not only the cost area for major funds but also an important turning point for market sentiment.
- During the recent pullback, candlesticks frequently show long lower shadows, indicating strong buying support below.
- This correction is highly likely to test the 3260-3280 range again. As long as this area holds, the strong consolidation pattern will remain intact.
Consort Queen Trading Suggestion: During the pullback near 3280-3240, consider buying, with an upward target around 3360-3450.