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Hang Seng ST: bullish bias above 16180.
2024-04-14
933
Pivot: 16180
Our preference: long positions above 16180 with targets at 17600 & 18200 in extension.
Alternative scenario: below 16180 look for further downside with 15350 & 14800 as targets.
Comment: a support base at 16180 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
18900 ***
18200 ***
17600 ***
16721 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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