Hang Seng Intraday: consolidation in place.

HK50

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

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