HK50 Short Term: further advance.
HK50 (HK50)
-313-1.29%
long positions above 22800 with targets at 24800 & 25600 in extension.
Pivot: 22800
Our preference: long positions above 22800 with targets at 24800 & 25600 in extension.
Alternative scenario: below 22800 look for further downside with 21700 & 20800 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
26200 **
25600 ***
24800 ***
24123 Last
22800 ***
21700 ***
20800 **
Our preference: long positions above 22800 with targets at 24800 & 25600 in extension.
Alternative scenario: below 22800 look for further downside with 21700 & 20800 as targets.
Comment: the RSI advocates for further upside.
Supports and resistances:
26200 **
25600 ***
24800 ***
24123 Last
22800 ***
21700 ***
20800 **
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