HK50 Intraday: the downside prevails.
HK50 (HK50)
+280+1.09%
short positions below 25200 with targets at 24920 & 24810 in extension.
Pivot: 25200
Our preference: short positions below 25200 with targets at 24920 & 24810 in extension.
Alternative scenario: above 25200 look for further upside with 25430 & 25560 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
25560
25430
25200
25021 Last
24920
24810
24700
Our preference: short positions below 25200 with targets at 24920 & 24810 in extension.
Alternative scenario: above 25200 look for further upside with 25430 & 25560 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
25560
25430
25200
25021 Last
24920
24810
24700
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