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Hang Seng Intraday: choppy.

2024-02-08
642

Pivot: 16040

Our preference: short positions below 16040 with targets at 15800 & 15680 in extension.

Alternative scenario: above 16040 look for further upside with 16260 & 16400 as targets.

Comment: as long as 16040 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

16400

16260

16040

15911 Last

15800

15680

15500

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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