Hang Seng Index: long shock pull up

Hong Kong Hang Seng Index closed up 445.19 points, or 2.09%, at 21719.06 points on June 24 (Friday); Hong Kong stocks opened higher, the three major indexes rose like a rainbow, and technology stocks led to help the collective strength of the big market. Hang Seng technology index rose 4.05% and returned to above 4800 points. After the implementation of the anti-monopoly law, meituan, a large technology stock, rose by more than 5%, Kwai rose by 4.55%, Baidu, Netease and Xiaomi rose by more than 3%, and JD, meituan and Tencent all rose by more than 2%; The biotechnology sector was among the top gainers. Xintong medical and Keji pharmaceutical both rose by more than 20% and performed best. Several stocks such as konoya and Qiming medical all rose by more than 10%.

According to the 4-hour chart, the Bull Power maintained a shock rise, and began to vibrate after the high level touched the nodes near the brin belt index on the track. The short-term bull pull-up trend may continue. The brin belt index continues to show a closing trend, the MACD index is in a weak position near the 0 axis, and the RSI index is in a narrow range on the upper side of the 50 equilibrium line and slowly rising;

Long short turning point: 21458

Pressing position: 21979, 22274

Support position: 21163, 20858

Trading strategy: bullish above 21458, target 21979, 22274

Alternative strategy: 21458 down bearish, target 21163, 20858