Hk50: long power waiting for the opportunity to enter

Hong Kong Hang Seng Index closed up 229.57 points, or 1.1%, at 21075.0 points on Friday, June 17; Hong Kong stocks went out of the independent market. The three major indexes opened low and went high. The Hang Seng technology index rose 2.33% and also recovered the 4600 point mark. New Oriental online fell by more than 12% and stopped rising for 9 consecutive times. The fine price stocks education stocks Everbright education and Chengshi foreign education continued to rise; Tesla concept stocks, coal stocks and oil stocks fell significantly.

Technical analysis:

According to the 4-hour chart: in the short term, it was entangled in the narrow consolidation and translation of the middle and lower rail section of the Bollinger belt index channel. During this period, it repeatedly spied the nodes of the middle and lower rail section. The Bollinger belt index was moving in a closing trend. The MACD index was in the long area and maintained the weak consolidation and slowly moved down to the vicinity of the 0 axis. The RSI index was in the 50 equilibrium line and maintained the weak consolidation and translation;

Long short turning point: 20768

Pressing position: 2140721857

Support position: 2037720057

Trading strategy: up on 20768, target 2140721857

Alternative strategy: down 20768, target 2037720057