HK50 Intraday: bullish bias above 25530.

HK50 (HK50)
+211+0.83%
long positions above 25530 with targets at 25800 & 26010 in extension.
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Pivot: 25530

Our preference: long positions above 25530 with targets at 25800 & 26010 in extension.

Alternative scenario: below 25530 look for further downside with 25400 & 25160 as targets.

Comment: the RSI is mixed to bullish.

Supports and resistances:
26200 ***
26010 **
25800 **
25668 Last
25530 ***
25400 ***
25160 **

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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