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Auntai Early Session Price Level Analysis
Key resistance levels: around 2125-2140
Key support levels: around 2070-2080
Intraday strategy:
First strategy: 2120-2135
Set up short positions only on the first attempt, with a stop loss of about 15 points.
Take profit: 2080-2060
Second strategy: 2080-2070
Set up long positions only on the first attempt, with a stop loss of about 15 points.
First target for take profit is around 2125.
If the market rises and breaks above and stabilizes at 2130, a rapid upward move may occur.
First resistance level: 2190-2220
Second resistance level: 2285-2305
Third resistance level: 2370-2380
Fourth resistance level: 2460-2470
Fifth resistance levels: 2530-2540 and 2630-2640
Set up short positions at these resistance levels respectively, with a stop loss of about 15 points.
Conversely, if the market declines and breaks below 2060-2050, a rapid downward move may occur.
First support level: 2000-2025
Second support level: 1960-1970
Third support levels: 1930-1940 and 1890-1905
Long positions can be established at these support levels, with a stop loss of about 15 points.
Disclaimer: The above levels are for reference only and should not be used as investment basis.