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Hang Seng (HKFE) (G4) Intraday: consolidation in place.

2024-02-27
739

Pivot: 16750.00

Our preference: short positions below 16750.00 with targets at 16420.00 & 16315.00 in extension.

Alternative scenario: above 16750.00 look for further upside with 16900.00 & 17000.00 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:

17000.00

16900.00

16750.00

16546.00 Last

16420.00

16315.00

16180.00

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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