Basic analysis:
Hong Kong Hang Seng Index closed up 510.46 points, or 2.35%, at 22229.52 points on June 27 (Monday); Hong Kong stocks performed strongly throughout the day, with the Hang Seng Index and hang seng index rising 2.35% and 4.71% respectively, both reaching the 22200 and 5000 points mark. In the afternoon, although the increase in the large market was narrowed after Tencent turned down, it was still strong overall. Large technology stocks were strong throughout the day, with Xiaomi up 12.44% and JD up more than 6%.
HSI hk50 4-hour chart
Technical analysis:
According to the 4-hour chart, the bull power continued to fluctuate and pull up near the upper rail of the brin belt index, the brin belt index showed a good opening trend, and the short-term upward trend may continue. The MACD index moved upward in the bull region above the 0 axis, and the RSI index was at 50 equilibrium. The bull region on the online side continued to rise.
Long short turning point: 21949
Pressing position: 22421, 22745
Support position: 21635, 21330
Trading strategy: bullish above 21949, target 22421, 22745
Alternative strategy: bearish below 21949, target 21635, 21330