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HK50 Intraday: further advance.
HK50 (HK50)
-161-0.63%
long positions above 26210 with targets at 26800 & 26940 in extension.
Pivot: 26210
Our preference: long positions above 26210 with targets at 26800 & 26940 in extension.
Alternative scenario: below 26210 look for further downside with 26090 & 25940 as targets.
Comment: a support base at 26210 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
27100 *
26940 ***
26800 ***
26388 Last
26210 ***
26090 ***
25940 **
Our preference: long positions above 26210 with targets at 26800 & 26940 in extension.
Alternative scenario: below 26210 look for further downside with 26090 & 25940 as targets.
Comment: a support base at 26210 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
27100 *
26940 ***
26800 ***
26388 Last
26210 ***
26090 ***
25940 **
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.
