In November, I built a position near 42, added to it at 44, and sold decisively at 48. I have traded several waves and have proven with facts that my actions were correct. Now I am out of the market, preparing to buy again at the current price, which is just right! Anyone joining me?

Almost every time it tends to be a small rebound followed by a big decline. It may seem like a rebound, but the overall trading volume cannot keep up. Looking at the trading over the past two days, after the block orders have sold off chips, they are now grabbing chips at lower levels to pull back. In the jargon of market makers, this is called "harvesting leeks." So, the key point of this rebound is to see if it can break through the support at 130. If it cannot break through, it indicates that the block orders are strictly controlling the position, and there will be a period of volatility. The upward momentum will not be too strong. If the breakthrough is successful, then next look at around 137. At this point, one needs to be cautious about selling chips again.
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