HK50 Intraday: further upside.

HK50 (HK50)
+101+0.53%
long positions above 17715 with targets at 18200 & 18500 in extension.
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Pivot: 17715

Our preference: long positions above 17715 with targets at 18200 & 18500 in extension.

Alternative scenario: below 17715 look for further downside with 17490 & 17360 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:
18800
18500
18200
18042 Last
17715
17490
17360

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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