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Hang Seng Intraday: under pressure.
2024-01-05
504
Pivot: 16720
Our preference: short positions below 16720 with targets at 16440 & 16270 in extension.
Alternative scenario: above 16720 look for further upside with 16830 & 16950 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
16950
16830
16720
16535 Last
16440
16270
16100
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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