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Straits Times 3,280.17 +41.44 +1.28%
Hang Seng 28,151.20 +652.43 +2.37%
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Shanghai Composite 2,933.64 +43.49 +1.50%
Hang Seng ST: the downside prevails.
Trading Central | 2019-06-13 01:56:00

Short positions below 27950 with targets at 26275 & 25650 in extension.

Pivot: 27950

Our preference: short positions below 27950 with targets at 26275 & 25650 in extension.

Alternative scenario: above 27950 look for further upside with 28865 & 29700 as targets.

Comment: the immediate trend remains down and the momentum is strong.

Supports and resistances:
29700 ***
28865 ***
27950 ***
27031 Last
26275 ***
25650 ***
24940 ***

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 06-13-2019 at 03:56 UTC+1
Price reference: 27031 last known on 06-13-2019 at 03:56 UTC+1
Investment horizon: ST

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