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Hang Seng Intraday: continuation of the rebound.

2024-04-22
642

Pivot: 16380

Our preference: long positions above 16380 with targets at 16650 & 16850 in extension.

Alternative scenario: below 16380 look for further downside with 16250 & 16140 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

17000

16850

16650

16595 Last

16380

16250

16140

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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