Hang Seng Intraday: bullish bias above 26310.

Trading Central 2020-11-20 14:42:05

Pivot: 26310

Our preference: long positions above 26310 with targets at 26615 & 26840 in extension.

Alternative scenario: below 26310 look for further downside with 26140 & 25905 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

27070

26840

26615

26415 Last

26310

26140

25905

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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