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Hang Seng Intraday: bounce.
2023-12-20
925
Pivot: 16430
Our preference: long positions above 16430 with targets at 16640 & 16810 in extension.
Alternative scenario: below 16430 look for further downside with 16320 & 16140 as targets.
Comment: the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
16940
16810
16640
16505 Last
16430
16320
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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