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HK50 Intraday: consolidation in place.

HK50 (HK50)
+274+1.05%
short positions below 26100 with targets at 25830 & 25670 in extension.
image
Pivot: 26100

Our preference: short positions below 26100 with targets at 25830 & 25670 in extension.

Alternative scenario: above 26100 look for further upside with 26210 & 26400 as targets.

Comment: the RSI calls for a drop.

Supports and resistances:
26400
26210
26100
25969 Last
25830
25670
25510

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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