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Hang Seng Intraday: bounce.

2023-12-12
648

Pivot: 16055

Our preference: long positions above 16055 with targets at 16420 & 16550 in extension.

Alternative scenario: below 16055 look for further downside with 15970 & 15800 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

16680

16550

16420

16201 Last

16055

15970

15800

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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