HK50 Intraday: towards 20400.
long positions above 19940 with targets at 20230 & 20400 in extension.
Pivot: 19940
Our preference: long positions above 19940 with targets at 20230 & 20400 in extension.
Alternative scenario: below 19940 look for further downside with 19720 & 19600 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
20550
20400
20230
20121 Last
19940
19720
19600
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