HK50 Intraday: under pressure.
HK50 (HK50)
-98-0.41%
short positions below 24320 with targets at 23860 & 23700 in extension.
Pivot: 24320
Our preference: short positions below 24320 with targets at 23860 & 23700 in extension.
Alternative scenario: above 24320 look for further upside with 24530 & 24800 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
24800
24530
24320
24072 Last
23860
23700
23530
Our preference: short positions below 24320 with targets at 23860 & 23700 in extension.
Alternative scenario: above 24320 look for further upside with 24530 & 24800 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
24800
24530
24320
24072 Last
23860
23700
23530
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
