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RIVER's recent market movement has indeed been hot. Looking at the daily technical chart, the bullish arrangement is extremely strong, with the price consistently staying above the EMA7 (15.46). Today, it surged by 19%, successfully breaking through the previous consolidation range. The trading volume is highly coordinated with clear signs of continuous growth, indicating strong buying interest. There is little resistance from trapped positions above, and such a trend often suggests room for a good upward move.
From an operational perspective, the current price of 17.78 can be directly participated in. If a pullback occurs to around 16.5, that would be a good opportunity to add to positions. Looking upward, 23.8 is the first key resistance level. If it can be successfully broken through, then reaching the 30 mark becomes possible. The safety line below is set at 14.5, which can serve as a reference for stop-loss.
The overall approach remains bullish, but attention should be paid to rhythm and risk management.