HK50 Intraday: the bias remains bullish.

HK50 (HK50)
+274+1.06%
long positions above 25730 with targets at 26130 & 26280 in extension.
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Pivot: 25730

Our preference: long positions above 25730 with targets at 26130 & 26280 in extension.

Alternative scenario: below 25730 look for further downside with 25610 & 25470 as targets.

Comment: a support base at 25730 has formed and has allowed for a temporary stabilisation.

Supports and resistances:
26470
26280
26130
25777 Last
25730
25610
25470

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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