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Hang Seng (HKFE) (G4) Intraday: the upside prevails.

2024-02-07
1016

Pivot: 16050.00

Our preference: long positions above 16050.00 with targets at 16440.00 & 16580.00 in extension.

Alternative scenario: below 16050.00 look for further downside with 15900.00 & 15720.00 as targets.

Comment: the next resistances are at 16440.00 and then at 16580.00.

Supports and resistances:

16770.00

16580.00

16440.00

16274.00 Last

16050.00

15900.00

15720.00

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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