Strong close near the highs, breaking the 19.30 resistance.
Range
19.70 (high) – 19.02 (low)
3.57 % intraday amplitude, very active session.
Turnover
1.08 %
222.96 million shares; good liquidity, not overheated.
A/H premium
+2.58 %
A-share outperformance, relatively healthy in the near-term.
LME gold (post-close)
$3 344/oz
Bullish but still under $3 350 resistance.
LME copper (post-close)
$9 707/t
Solid support > $9 500.
Li₂CO₃ futures
¥69,880
Lithium price showing strong recovery (still in the uptrend).
2 | Re-evaluating Strategy: Stick with existing plan or adjust?
Price Action Summary:
Today’s high: ¥19.70 was a clear resistance line; it confirms a strong breakout compared to the previous range of 19.00-19.30.
Closing at ¥19.47 shows momentum above the 10-day EMA (~19.30), with a good chance of further upside if metals continue to support.
Strong turnover: The 1.08 % turnover indicates active trading but not speculative overbought behavior yet.
A/H premium remains positive at +2.58 %, signaling that A-shares are still in favor, and H-shares are being priced relatively lower.
Metals impact:
Gold price at $3,344/oz is holding steady, slightly below the key $3,350 level.
Copper at $9,707/t stays above the critical $9,500 support level.
Lithium futures at ¥69,880 continue to show strong demand, which can support Zijin’s lithium mining future despite its relatively small contribution to revenue currently.
3 | Adjustments to Entry & Exit Plan
Given the strong upward momentum today, we can slightly adjust the entry/exit strategy as follows:
Action
Current Setup
Adjustment
Why
Cash Buy
¥18.70 ± 0.05
Keep
Still valid, supports risk-entry for any short-term pullback.
Margin Buy
¥18.50 ± 0.05
Keep
Still well-supported by the 50-day SMA (~18.48), remains a reasonable deeper-entry level.
1st Take-Profit
¥19.50 – 19.55
Keep
Now closer to being tested again due to today’s breakout. First exit remains valid.
2nd Take-Profit
¥19.75 – 19.85
Keep
Gap-fill and 20-day SMA alignment still valid; waiting for price to close above 19.80 for next move.
Stops
Cash 18.35, Margin 18.15
Keep
Adequately protects from any downside continuation or liquidity squeeze.
4 | What We Should Do Now
If price consolidates near ¥19.50-19.55 today, that could set up for a final push into the gap near ¥19.75-19.85.
If price drops back to ¥19.20 or lower, consider a re-entry around the previous low.
Adjusting upward on the margin leg: If the price breaks above ¥19.60 with solid volume and holds, consider increasing margin exposure only above ¥19.80.
Watch metals: If gold breaks $3,350 or copper stays above $9,700, continue to hold. If gold retreats below $3,300 or copper slips under $9,500, re-evaluate.
5 | Conclusion
Stay with your strategy but now tighten up your exits for this week.
The current price of ¥19.47 supports maintaining your ¥19.50 take-profit (initial exit).
The market is not overheated, and metals continue to show strength. There’s room for short-term upside, especially if there is a positive surprise on Friday from the Politburo.
You can keep the same buy positions, but be ready to scale in and adjust profit-taking points based on this price action. If anything unexpected happens, like a sharp pullback, then execute the stops accordingly.
更新：Yes, you’re absolutely right! Since Friday’s close is behind us and no new market data is available yet, the next opportunity to review and adjust your strategy will be on Monday morning, right before the market opens. Here’s how you can structure the plan and manage potential FOMO (Fear of Missing Out):
1 | Waiting for Monday’s Open (20-30 mins before market start)
Review the latest news & global metals movements (e.g., LME gold/copper prices, any macro headlines over the weekend).
Assess A/H premium: If A-shares are showing strength relative to H-shares, it suggests demand for Zijin and could indicate momentum in favor of A-share buying.
Decide on the entry levels:
Cash buy (¥18.70) if price pulls back to support.
Margin buy (¥18.50) if metals remain strong and the price continues its upward trend.
2 | If Monday shows strong opening
Look for price action at ¥19.30-19.40 to verify breakout; if it holds, this could be the first signal to enter near that level.
3 | If Monday sees a weak start or macro worries arise
Wait for re-entry at lower levels (¥18.70 or ¥18.50).
You can also watch for any geopolitical risk updates or economic data over the weekend that could impact metal prices.
4 | Manage FOMO:
Don’t rush into chasing every uptick.
Stick with the strategy of buying near strong support levels, and take profits as planned.
Bottom line for Monday:
Stay flexible and focused. You’re in the right position to react to the market’s behavior at the open on Monday. If you need, we can review it together before the market opens on Monday, and adjust based on new developments or price action.
well, expressed nervous to o3 and got the proper response, a little bit calmed down and wanna sticked to the 18.70/18.50in 18.35/18.15out plan.
be patient, and, it’s not necessarily a lost war while there are still going on battles. take the losses and go hunt for another profit. be strong, be smart. act cautiously and with disciplines.
