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RIVER has indeed performed well in recent days. Looking back, the previous days were consistently bullish, predicting a new high, and now that has been confirmed—five consecutive trading days of gains, with a substantial increase, more than doubling in price.
However, at this point, the situation seems to have changed. From a technical perspective, the fundamental signals related to steel have reached a resistance zone, and the price trend is showing signs of a reversal. Some key technical indicators are also signaling a potential top.
At this moment, a reverse operation might be worth considering. The opportunity for short-term short positions seems to be emerging. The market works this way—after rising to a certain stage, it’s necessary to be alert to a pullback risk. Cautious traders should pay attention to these correction signals.