HK50 Short Term: target 27000.
HK50 (HK50)
+274+1.05%
long positions above 25400 with targets at 27000 & 28000 in extension.
Pivot: 25400
Our preference: long positions above 25400 with targets at 27000 & 28000 in extension.
Alternative scenario: below 25400 look for further downside with 24900 & 24200 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
29400 **
28000 ***
27000 ***
26047 Last
25400 ***
24900 ***
24200 **
Our preference: long positions above 25400 with targets at 27000 & 28000 in extension.
Alternative scenario: below 25400 look for further downside with 24900 & 24200 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
29400 **
28000 ***
27000 ***
26047 Last
25400 ***
24900 ***
24200 **
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.
