0
0
December 30, 2020 at 03:13PM
• HK50 index broke resistance area
• Likely to rise to 28000,00
HK50 index recently broke above the resistance area lying between the key resistance level 27000,00 (monthly high from November) and the resistance level 26725,000 (monthly high from March and July).
The breakout of this resistance area accelerated the active upward impulse waves 5 and (C).
HK50 index is expected to rise further to the next resistance level 28000,00 (target price for the completion of the active impulse waves 5 and (C)).
From: The FxPro Tech Analysis Team https://fxpro.news/market-snapshots/hk50-index-wave-analysis-30-december-2020-20201230/
Selected by fonecable.com
Search Web: HK50 index Wave Analysis 30 December, 2020
Recent Posts
- Crude Oil Over Crypto
- US Dollar Price Action Setups pre-CPI: EUR/USD, GBP/USD, USD/JPY
- Cathie Wood & Ark: Insiders Aren’t Buying the Hype
- Breaking News: ECB Holds Rates, Setting up July and September for Fireworks
- Currency Carry Trade: What is it and how does it work?
Happy
0 %
Sad
0 %
Excited
0 %
Sleepy
0 %
Angry
0 %
Surprise
0 %
Average Rating