HK50 Intraday: key resistance at 24650.
HK50 (HK50)
+163+0.67%
short positions below 24650 with targets at 24200 & 24000 in extension.
Pivot: 24650
Our preference: short positions below 24650 with targets at 24200 & 24000 in extension.
Alternative scenario: above 24650 look for further upside with 24830 & 25040 as targets.
Comment: as long as 24650 is resistance, expect a return to 24200.
Supports and resistances:
25040 ***
24830 **
24650 **
24449 Last
24200 ***
24000 ***
23800 **
Our preference: short positions below 24650 with targets at 24200 & 24000 in extension.
Alternative scenario: above 24650 look for further upside with 24830 & 25040 as targets.
Comment: as long as 24650 is resistance, expect a return to 24200.
Supports and resistances:
25040 ***
24830 **
24650 **
24449 Last
24200 ***
24000 ***
23800 **
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