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Hang Seng Intraday: consolidation in place.

2023-12-18
184

Pivot: 16810

Our preference: short positions below 16810 with targets at 16480 & 16320 in extension.

Alternative scenario: above 16810 look for further upside with 16940 & 17060 as targets.

Comment: technically the RSI is below its neutrality area at 50.

Supports and resistances:

17060

16940

16810

16628 Last

16480

16320

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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