CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 78% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

HK50 Intraday: look for 26660.

HK50 (HK50)
+274+1.05%
long positions above 26120 with targets at 26460 & 26660 in extension.
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Pivot: 26120

Our preference: long positions above 26120 with targets at 26460 & 26660 in extension.

Alternative scenario: below 26120 look for further downside with 25940 & 25670 as targets.

Comment: the RSI is bullish and calls for further upside.

Supports and resistances:
26840
26660
26460
26363 Last
26120
25940
25670

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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