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Hang Seng Intraday: intraday support around 16270.
2023-12-27
843
Pivot: 16270
Our preference: long positions above 16270 with targets at 16510 & 16630 in extension.
Alternative scenario: below 16270 look for further downside with 16140 & 15980 as targets.
Comment: a support base at 16270 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
16740
16630
16510
16340 Last
16270
16140
15980
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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