HK50 Intraday: the downside prevails.

HK50 (HK50)
-276-1.05%
short positions below 26150 with targets at 25820 & 25600 in extension.
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Pivot: 26150

Our preference: short positions below 26150 with targets at 25820 & 25600 in extension.

Alternative scenario: above 26150 look for further upside with 26380 & 26540 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:
26540
26380
26150
25948 Last
25820
25600
25150

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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