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Hang Seng Intraday: intraday support around 16650.

2024-04-04
256

Pivot: 16650

Our preference: long positions above 16650 with targets at 16850 & 17010 in extension.

Alternative scenario: below 16650 look for further downside with 16530 & 16350 as targets.

Comment: the RSI is below its neutrality area at 50% but reversing up.

Supports and resistances:

17210

17010

16850

16725 Last

16650

16530

16350

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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