HK50 Intraday: key resistance at 25550.
HK50 (HK50)
+42+0.17%
short positions below 25550 with targets at 25250 & 25100 in extension.
Pivot: 25550
Our preference: short positions below 25550 with targets at 25250 & 25100 in extension.
Alternative scenario: above 25550 look for further upside with 25700 & 25800 as targets.
Comment: as long as the resistance at 25550 is not surpassed, the risk of the break below 25250 remains high.
Supports and resistances:
25800 **
25700 ***
25550 ***
25417 Last
25250 ***
25100 **
24950 **
Our preference: short positions below 25550 with targets at 25250 & 25100 in extension.
Alternative scenario: above 25550 look for further upside with 25700 & 25800 as targets.
Comment: as long as the resistance at 25550 is not surpassed, the risk of the break below 25250 remains high.
Supports and resistances:
25800 **
25700 ***
25550 ***
25417 Last
25250 ***
25100 **
24950 **
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