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Hang Seng Intraday: under pressure.

2024-03-19
682

Pivot: 16680

Our preference: short positions below 16680 with targets at 16440 & 16290 in extension.

Alternative scenario: above 16680 look for further upside with 16800 & 16960 as targets.

Comment: as long as the resistance at 16680 is not surpassed, the risk of the break below 16440 remains high.

Supports and resistances:

16960

16800

16680

16539 Last

16440

16290

16140

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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