Hang Seng Intraday: consolidation in place.

Trading Central 2021-02-22 16:11:06

Pivot: 30670

Our preference: short positions below 30670 with targets at 30100 & 29830 in extension.

Alternative scenario: above 30670 look for further upside with 31185 & 31580 as targets.

Comment: as long as 30670 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

31580

31185

30670

30326 Last

30100

29830

29520

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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