Hang Seng ST: the upside prevails.

Trading Central 2021-02-22 15:14:05

Pivot: 29200

Our preference: long positions above 29200 with targets at 31200 & 32300 in extension.

Alternative scenario: below 29200 look for further downside with 28280 & 27500 as targets.

Comment: the RSI lacks downward momentum.

Supports and resistances:

33500 ***

32300 ***

31200 ***

30557 Last

29200 ***

28280 ***

27500 ***

Disclaimer
The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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