HK50 Short Term: bullish bias above 23900.

HK50 (HK50)
+456+1.85%
long positions above 23900 with targets at 25200 & 26100 in extension.
image
Pivot: 23900

Our preference: long positions above 23900 with targets at 25200 & 26100 in extension.

Alternative scenario: below 23900 look for further downside with 22500 & 21300 as targets.

Comment: the RSI is around its neutrality area at 50%

Supports and resistances:
26850 **
26100 ***
25200 ***
24387 Last
23900 ***
22500 ***
21300 **

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