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| Hang Seng Index Overview |
Most Asian stock markets
pushed higher Friday after a record day on Wall Street powered by
upbeat data that added to evidence the world's biggest economy is
gaining strength.
The Hang Seng Index in Hong Kong climbed 0.47% to 25,112 as it neared the six-year high set on Wednesday.
Technically, Hang Seng index is looking very strong
on chart and it may rally to 30,000 points if it holds above 25,000
this week, couple with appearance of MACDs bullish gap, showing
momentum can be strong.
Hang Seng index first support would be 24800, while
next support would be seen at 24600. For resistance 25300 become
first resistance, while next resistance would be seen at 30,000.
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