HK50 Intraday: target 28300.

HK50 (HK50)
-503-1.81%
long positions above 27400 with targets at 28000 & 28300 in extension.
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Pivot: 27400

Our preference: long positions above 27400 with targets at 28000 & 28300 in extension.

Alternative scenario: below 27400 look for further downside with 27200 & 27020 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:
28500
28300
28000
27798 Last
27400
27200
27020

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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