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Hang Seng Intraday: the upside prevails.

2024-03-12
487

Pivot: 16860

Our preference: long positions above 16860 with targets at 17300 & 17450 in extension.

Alternative scenario: below 16860 look for further downside with 16680 & 16540 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

17600

17450

17300

17131 Last

16860

16680

16540

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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