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January 27 Consort Queen's Thought Process
The price has rebounded from near the lower band of the Bollinger Bands, and the current price has broken above the middle band, indicating that short-term bullish momentum is dominant. If it can stabilize above the middle band later, it is expected to challenge the upper band of the Bollinger Bands.
The difference between the DIF line and the DEA line is narrowing, and the MACD histogram has changed from green to red, indicating that the bearish momentum is continuously weakening, and the bullish force is gradually accumulating. The rebound momentum is expected to continue.
Consort Queen's Trading Suggestion: Pullback around 2900-2850, aiming higher towards 2980-3050.