HK50 Intraday: rebound expected.

HK50 (HK50)
+97+0.38%
long positions above 25175 with targets at 25680 & 25850 in extension.
image
Pivot: 25175

Our preference: long positions above 25175 with targets at 25680 & 25850 in extension.

Alternative scenario: below 25175 look for further downside with 25000 & 24800 as targets.

Comment: a support base at 25175 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
26040
25850
25680
25220 Last
25175
25000
24800

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