HK50 Intraday: target 25040.
HK50 (HK50)
+163+0.67%
long positions above 24500 with targets at 24830 & 25040 in extension.
Pivot: 24500
Our preference: long positions above 24500 with targets at 24830 & 25040 in extension.
Alternative scenario: below 24500 look for further downside with 24270 & 24000 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
25250 ***
25040 **
24830 **
24719 Last
24500 ***
24270 ***
24000 **
Our preference: long positions above 24500 with targets at 24830 & 25040 in extension.
Alternative scenario: below 24500 look for further downside with 24270 & 24000 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
25250 ***
25040 **
24830 **
24719 Last
24500 ***
24270 ***
24000 **
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