Hang Seng ST: continuation of the rebound.

Trading Central 2025-05-21 13:45:06

香港HK50(HK50)

Long positions above 22500 with targets at 24800 & 25600 in extension.

Pivot: 22500

Our preference: long positions above 22500 with targets at 24800 & 25600 in extension.

Alternative scenario: below 22500 look for further downside with 21700 & 20800 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

26200 **

25600 ***

24800 ***

23807 Last

22500 ***

21700 ***

20800 **