First: Trend Analysis
📅Daily:

Trend: Clearly bearish

reason:

A series of declining highs and lows

Breakout of historical support area (44 → 42 → 40)

Repeatedly failed to form higher peaks

⏱️Time:

Trend: Bullish Sideways (Correction)

Prices fluctuate within a certain range:
35 – 38

⏱️15 minutes:

Trend: Bullish in the short term

Rebound wave from low ~34.5

📆 Weekly:

Trend: Long-term bearish

The stock is in the midst of a deep correction following its previous uptrend

🔷Technical Areas (Support and Resistance)
🟢Support:

36.50 (current important support)

34.50 (strong bottom)

32.00 (weekly support)

🔴Resistor:

38.20 – 38.80 (immediate resistance)

40.50 (pivot resistance)

44.30 (key resistance level)

🔷Artistic patterns
📉Classic:

Obvious Bearish Channel Pattern Daily

The probability of a double bottom is about 34.5 (under construction)

🧩 Harmonics:

There is a pattern near AB=CD, ending at the bottom 34-35 → strong support

🔷Technical indicators (estimated based on price action)
Relative Strength Index:

Was oversold → now rebounds

short term benefits

Smoothed Moving Average Convergence and Divergence:

Positive cross on small frame

Still having negative emotions every day

random:

Bullish → support for rebound continuation

volume:

Increase the volume at the bottom → may accumulate funds

🔷 Price Action

Candle appears:

bottom pin bar

strong rebound candle

express:
👉Enter buying liquidity from the bottom up

🔷 Analyze schools
📊 Elliot Waves:

Stocks often end bearish waves C

We are now at the beginning of a corrective wave (ABC Bullish)

🏦 SMC：

Zone 34–35 = Strong demand zone

Selling liquidity has been absorbed

📦 Volume introduction:

Zone 36–38 = Balance Zone

Breaking through them determines the next trend

🔢Fibonacci:

The current retracement is close to 38.2%.

Next target: 50%→~40

🔷 The scene that is about to happen
🟢 Bullish scenario:
Entry: After steadily breaking through 38.20
Target:

40.50

44:00

Stop loss:

36.40

Risk/reward ratio:
👉 Excellent (1:2 to 1:3)

🔴 Bearish scenario:
Entry: Breaking 36.50
Target:

34.50

32:00

Stop loss:

38:00

🔷 Time period

The stock has experienced a prolonged downturn → the down cycle is nearing its end

The aggregation phase may begin

🔷News and financial aspects (brief)

The industrial sector is affected by the following factors:

energy prices

Industrial needs

Any earnings or distribution announcements could strongly move the stock

🔷Final advice
🎯 For speculators:

The best:

Buy Breakout 38

Or rebound from 36.5

It is important to strictly prohibit

📈 For investors:

arrow:

Still on a downward trend

The best:

Waiting for the 40-42 breakthrough

Or gradually accumulate around 34-35

🔥 Conclusion:
Arrows in transition:

Short term: positive

Medium to long term: Still bearish

👉 Key points:
Breakout of 38 = reversal begins
Breakthrough 36.5 = continuation of decline

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