HK50 Intraday: under pressure.

HK50 (HK50)
+132+0.58%
short positions below 22950 with targets at 22400 & 22200 in extension.
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Pivot: 22950

Our preference: short positions below 22950 with targets at 22400 & 22200 in extension.

Alternative scenario: above 22950 look for further upside with 23260 & 23560 as targets.

Comment: the RSI calls for a drop.

Supports and resistances:
23560 **
23260 **
22950 ***
22673 Last
22400 **
22200 ***
22000 **

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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