HK50 Short Term: continuation of the rebound.

HK50 (HK50)
-107-0.48%
long positions above 20580 with targets at 22600 & 23900 in extension.
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Pivot: 20580

Our preference: long positions above 20580 with targets at 22600 & 23900 in extension.

Alternative scenario: below 20580 look for further downside with 19240 & 18000 as targets.

Comment: the next resistances are at 22600 and then at 23900.

Supports and resistances:
24800 **
23900 ***
22600 ***
22157 Last
20580 ***
19240 ***
18000 **

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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