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Hang Seng Intraday: under pressure.

2024-03-05
322

Pivot: 16320

Our preference: short positions below 16320 with targets at 16060 & 15900 in extension.

Alternative scenario: above 16320 look for further upside with 16470 & 16650 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

16650

16470

16320

16143 Last

16060

15900

15750

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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