A sharp decline is always followed by a sharp rise. Now is the best time!

This week's market dropped from around 90,600 to 75,500, falling all the way down, giving many brothers a heavy blow. Fortunately, it has recovered about 3,000 points, currently trading around 78,600.

From the current perspective, the weekly MACD is already in a bearish divergence state, and the support at 74,400 has not been broken. The daily Bollinger Bands are also showing signs of upward movement, making it a good opportunity to go long.

It is recommended to focus on going long around 76,500, with a buy at 75,500 as a supplement, a stop-loss at 74,700, and the first target at 80,800. If the price breaks through, the next target is 86,800.
The market has experienced significant volatility recently, but the overall trend suggests a potential rebound. Investors should watch for confirmation signals before entering new positions.
Remember to manage your risk carefully and adjust your stop-loss levels accordingly.
Stay alert to market changes and be prepared for both upward and downward movements.