HK50 Intraday: towards 25570.

HK50 (HK50)
+211+0.83%
long positions above 25160 with targets at 25570 & 25700 in extension.
image
Pivot: 25160

Our preference: long positions above 25160 with targets at 25570 & 25700 in extension.

Alternative scenario: below 25160 look for further downside with 25010 & 24820 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:
25800 ***
25700 **
25570 **
25311 Last
25160 ***
25010 ***
24820 **

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.
goTop
quote