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Hang Seng ST: the downside prevails.

2023-12-27
839

Pivot: 17100

Our preference: short positions below 17100 with targets at 16000 & 15300 in extension.

Alternative scenario: above 17100 look for further upside with 17600 & 18180 as targets.

Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.

Supports and resistances:

18180 ***

17600 ***

17100 ***

16615 Last

16000 ***

15300 ***

14600 **

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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