HK50 Intraday: bounce.

HK50 (HK50)
-84-0.34%
long positions above 23200 with targets at 23700 & 23980 in extension.
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Pivot: 23200

Our preference: long positions above 23200 with targets at 23700 & 23980 in extension.

Alternative scenario: below 23200 look for further downside with 22910 & 22550 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:
24280
23980
23700
23463 Last
23200
22910
22550

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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