HK50 Intraday: the downside prevails.
HK50 (HK50)
+206+0.81%
short positions below 25650 with targets at 25370 & 25170 in extension.
Pivot: 25650
Our preference: short positions below 25650 with targets at 25370 & 25170 in extension.
Alternative scenario: above 25650 look for further upside with 25810 & 25980 as targets.
Comment: a break below 25370 would trigger a drop towards 25170.
Supports and resistances:
25980
25810
25650
25416 Last
25370
25170
25000
Our preference: short positions below 25650 with targets at 25370 & 25170 in extension.
Alternative scenario: above 25650 look for further upside with 25810 & 25980 as targets.
Comment: a break below 25370 would trigger a drop towards 25170.
Supports and resistances:
25980
25810
25650
25416 Last
25370
25170
25000
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