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Hang Seng (HKFE) (F4) Intraday: key resistance at 16860.00.
2024-01-04
541
Pivot: 16860.00
Our preference: short positions below 16860.00 with targets at 16540.00 & 16440.00 in extension.
Alternative scenario: above 16860.00 look for further upside with 17060.00 & 17250.00 as targets.
Comment: the upward potential is likely to be limited by the resistance at 16860.00.
Supports and resistances:
17250.00
17060.00
16860.00
16755.00 Last
16540.00
16440.00
16380.00
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