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Hang Seng ST: caution.

2024-04-16
815

Pivot: 16180

Our preference: long positions above 16180 with targets at 17200 & 17600 in extension.

Alternative scenario: below 16180 look for further downside with 15350 & 14800 as targets.

Comment: the RSI is mixed and calls for caution.

Supports and resistances:

18200 ***

17600 ***

17200 ***

16249 Last

16180 ***

15350 ***

14800 **

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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