HK50 where to from here ??
After the recent days' drop, HK50 looks very weak now. It will probably go through a period of consolidation or sideways action for a while.
July 27 it dropped to a resistance level around 24810. THIS MAY Not be the bottom. It may go down to 23970.
The selling may not be done yet.
July 27 it dropped to a resistance level around 24810. THIS MAY Not be the bottom. It may go down to 23970.
The selling may not be done yet.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.