Qifu Technology (QFIN) experienced a sharp sell-off, bringing the stock down to $35, which aligns with a key support zone near $34.70. The heavy selling volume suggests capitulation, and historically, such moves are often followed by short-term technical rebounds.
From a technical standpoint:
• The stock is now trading well below major moving averages, indicating an oversold condition.
• MACD and RSI are deeply negative, which could attract buyers looking for a mean reversion bounce.
• Support is holding near $34.70, making it a potential entry zone for a rebound.
Trade Idea:
• Entry: Around $35
• Target 1: $39.00
• Target 2: $41.20
• Stop Loss: $34.00
If the stock maintains support this week, we could see a recovery toward the $39–$41 range as sellers exhaust and buyers step in.
From a technical standpoint:
• The stock is now trading well below major moving averages, indicating an oversold condition.
• MACD and RSI are deeply negative, which could attract buyers looking for a mean reversion bounce.
• Support is holding near $34.70, making it a potential entry zone for a rebound.
Trade Idea:
• Entry: Around $35
• Target 1: $39.00
• Target 2: $41.20
• Stop Loss: $34.00
If the stock maintains support this week, we could see a recovery toward the $39–$41 range as sellers exhaust and buyers step in.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。