HK50 Intraday: the bias remains bullish.

HK50 (HK50)
-114-0.47%
long positions above 24220 with targets at 24410 & 24530 in extension.
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Pivot: 24220

Our preference: long positions above 24220 with targets at 24410 & 24530 in extension.

Alternative scenario: below 24220 look for further downside with 24070 & 23860 as targets.

Comment: the immediate trend remains up but the momentum is weak.

Supports and resistances:
24800
24530
24410
24296 Last
24220
24070
23860

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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