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Hang Seng Intraday: the downside prevails.

2024-04-16
701

Pivot: 16450

Our preference: short positions below 16450 with targets at 16080 & 15950 in extension.

Alternative scenario: above 16450 look for further upside with 16590 & 16720 as targets.

Comment: the RSI advocates for further decline.

Supports and resistances:

16720

16590

16450

16244 Last

16080

15950

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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