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Hang Seng (HKFE) (H4) Intraday: watch 17000.00.

2024-03-12
123

Pivot: 16610.00

Our preference: long positions above 16610.00 with targets at 17000.00 & 17200.00 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 17000.00.

Supports and resistances:

17400.00

17200.00

17000.00

16856.00 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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