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Hang Seng Intraday: key resistance at 16280.
2023-12-11
875
Pivot: 16280
Our preference: short positions below 16280 with targets at 16055 & 15970 in extension.
Alternative scenario: above 16280 look for further upside with 16420 & 16550 as targets.
Comment: as long as 16280 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
16550
16420
16280
16147 Last
16055
15970
15800
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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