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Hang Seng Intraday: rebound expected.
2024-03-08
629
Pivot: 16100
Our preference: long positions above 16100 with targets at 16370 & 16540 in extension.
Alternative scenario: below 16100 look for further downside with 15900 & 15760 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
16650
16540
16370
16229 Last
16100
15900
15760
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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