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HK50 Intraday: under pressure.

HK50 (HK50)
-157-0.61%
short positions below 25250 with targets at 24870 & 24600 in extension.
image
Pivot: 25250

Our preference: short positions below 25250 with targets at 24870 & 24600 in extension.

Alternative scenario: above 25250 look for further upside with 25450 & 25750 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:
25750
25450
25250
25063 Last
24870
24600
24300

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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