HK50 Intraday: expect 25400.

HK50 (HK50)
+183+0.72%
long positions above 24830 with targets at 25200 & 25400 in extension.
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Pivot: 24830

Our preference: long positions above 24830 with targets at 25200 & 25400 in extension.

Alternative scenario: below 24830 look for further downside with 24630 & 24440 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
25600
25400
25200
24987 Last
24830
24630
24440

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.
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