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Hang Seng Intraday: watch 16650.

2024-04-18
938

Pivot: 16270

Our preference: long positions above 16270 with targets at 16540 & 16650 in extension.

Alternative scenario: below 16270 look for further downside with 16150 & 16040 as targets.

Comment: the RSI calls for a bounce.

Supports and resistances:

16770

16650

16540

16412 Last

16270

16150

16040

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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