HK50 Intraday: towards 20110.
long positions above 19720 with targets at 19950 & 20110 in extension.
Pivot: 19720
Our preference: long positions above 19720 with targets at 19950 & 20110 in extension.
Alternative scenario: below 19720 look for further downside with 19600 & 19490 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
20230
20110
19950
19867 Last
19720
19600
19490
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