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Hang Seng Intraday: consolidation in place.
2024-02-07
467
Pivot: 16260
Our preference: short positions below 16260 with targets at 15900 & 15680 in extension.
Alternative scenario: above 16260 look for further upside with 16400 & 16600 as targets.
Comment: as long as 16260 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
16600
16400
16260
16106 Last
15900
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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