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Hang Seng (HKFE) (J4) Intraday: intraday support around 16170.00.
2024-04-21
203
Pivot: 16170.00
Our preference: long positions above 16170.00 with targets at 16520.00 & 16660.00 in extension.
Alternative scenario: below 16170.00 look for further downside with 16040.00 & 15940.00 as targets.
Comment: the break above 16170.00 is a positive signal that has opened a path to 16520.00.
Supports and resistances:
16800.00
16660.00
16520.00
16331.00 Last
16170.00
16040.00
15940.00
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