HK50 Intraday: up turn.

HK50 (HK50)
+280+1.09%
long positions above 25260 with targets at 25430 & 25560 in extension.
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Pivot: 25260

Our preference: long positions above 25260 with targets at 25430 & 25560 in extension.

Alternative scenario: below 25260 look for further downside with 25080 & 24920 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:
25700
25560
25430
25343 Last
25260
25080
24920

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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