HK50 – Chart Pattern – Rising Wedge
HK50 has broken through the support line of a Rising Wedge pattern and suggests a possible move to 25591.6091 within the next 2 days. It has tested this line before, so it is prudent to wait for confirmation of the breakout before taking action. If the breakout is not confirmed, we could see a retracement back to levels seen over the last 20 days.
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