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Hang Seng (HKFE) (H4) Intraday: watch 16850.00.
2024-03-12
1071
Pivot: 16610.00
Our preference: long positions above 16610.00 with targets at 16850.00 & 17000.00 in extension.
Alternative scenario: below 16610.00 look for further downside with 16500.00 & 16330.00 as targets.
Comment: the break above 16610.00 is a positive signal that has opened a path to 16850.00.
Supports and resistances:
17200.00
17000.00
16850.00
16700.00 Last
16610.00
16500.00
16330.00
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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