 Home > Chemicals Industry > New Chemical Materials > May 8 Shanghai rubber market afternoon comment

May 8 Shanghai rubber market afternoon comment

 Last Update: 2022-12-10
 Source: Internet
 Author: User

Tags

plate

single stage

Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

On Monday, the Shanghai rubber plate broke through the 11700 line, the highest touched 11920, and the Zhongyang line closed
.
From the perspective of the trend of Shanghai rubber, for the recent key suppression of the 11700 area, yesterday's inertia pulled up and broke through
.

Shanghai rubber

Currently, the line is running above the finishing line, and the technical pattern tends to continue the short-term rally
.
However, Shanghai rubber yesterday's rise should be a tentative performance, intraday should also have a short-term rebound 11600-11700 around the trend appeared, if the willingness to resist the fall after stepping back is obvious, you can choose the opportunity to follow up shortly, and continue to observe the test performance
for the 40-day moving average.

Suggestion: Shanghai rubber short-term has signs of strengthening, intraday retracement of 11600-11700 can be tentative short more intervention, stop loss refer to the 11500 line, the recovery stage can consider testing the 40-day moving average more single opportunity to leave the market and wait and see, short-term ideas
.

This article is an English version of an article which is originally in the Chinese language on echemi.com and is provided for information purposes only. This website makes no representation or warranty of any kind, either expressed or implied, as to the accuracy, completeness ownership or reliability of the article or any translations thereof. If you have any concerns or complaints relating to the article, please send an email, providing a detailed description of the concern or complaint, to service@echemi.com. A staff member will contact you within 5 working days. Once verified, infringing content will be removed immediately.

Related Products

9,10-Diphenylanthrac

CAS No.: 1499-10-1

$1-1.2/MT FOB

High Quality Polar Solvent 99.99% Ethylene carbonate/Ethylencarbonat/ EC CAS 96-49-1

CAS No.: 96-49-1

Pharmacy Grade

$1-1.2/MT FOB

High quality Fluorescent Brightener CBS-X 98% TOP1 supplier in China

CAS No.: 27344-41-8

Industrial Grade

$3/KG EXW

Hot Tags

united states jobs(223)

jobs united states(236)

1 year treasury(277)

1 year subscription(296)

single use technology(195)

announcements today(81)

ups united states(221)

united states logo(227)

80 20 company(94)

healthy food name(42)

Hot Articles

The source of this page with content of products and services is from Internet, which doesn't represent ECHEMI's opinion. If you have any queries, please write to service@echemi.com. It will be replied within 5 days.

Moreover, if you find any instances of plagiarism from the page, please send email to service@echemi.com with relevant evidence.