echemi logo
Product
  • Product
  • Supplier
  • Inquiry
    Home > Chemicals Industry > New Chemical Materials > Plastic market afternoon review on May 16

    Plastic market afternoon review on May 16

    • Last Update: 2022-12-10
    • Source: Internet
    • Author: User
    Search more information of high quality chemicals, good prices and reliable suppliers, visit www.echemi.com

    On Tuesday, plastic hit as low as 9405, with a small black candlestick with feet closing
    at the close.
    From the perspective of plastic trends, last week in the 9600-9650 area encountered resistance and fell back, two consecutive trading days back to test the 9400 area, there is no intention
    to break the line.

    plastics

    It is expected that the intraday should open around 9440, and the intraday is expected to rely on 9400 to maintain a lateral finishing, and continue to observe the suppression
    around 9480-9520 above.

    Suggestion: Plastic can still refer to the 9480-9520 band of short order entry position, stop loss refer to the 9550 line, back to test the 9400 stage, it is still recommended to take the opportunity to reduce holdings, the remaining position to see the line fall back down to break reasonable, short participation 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.

    Contact Us

    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.