HK50 Short Term: further advance.
HK50 (HK50)
-84-0.34%
long positions above 22300 with targets at 25000 & 26800 in extension.
Pivot: 22300
Our preference: long positions above 22300 with targets at 25000 & 26800 in extension.
Alternative scenario: below 22300 look for further downside with 21000 & 2020 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
28300 **
26800 ***
25000 ***
23982 Last
22300 ***
21000 ***
2020 **
Our preference: long positions above 22300 with targets at 25000 & 26800 in extension.
Alternative scenario: below 22300 look for further downside with 21000 & 2020 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
28300 **
26800 ***
25000 ***
23982 Last
22300 ***
21000 ***
2020 **
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.
