HK50 Intraday: turning up.
HK50 (HK50)
-114-0.47%
long positions above 24060 with targets at 24370 & 24530 in extension.
Pivot: 24060
Our preference: long positions above 24060 with targets at 24370 & 24530 in extension.
Alternative scenario: below 24060 look for further downside with 23860 & 23700 as targets.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
24800
24530
24370
24246 Last
24060
23860
23700
Our preference: long positions above 24060 with targets at 24370 & 24530 in extension.
Alternative scenario: below 24060 look for further downside with 23860 & 23700 as targets.
Comment: the RSI has just landed on its neutrality area at 50% and is turning up.
Supports and resistances:
24800
24530
24370
24246 Last
24060
23860
23700
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