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Hang Seng ST: watch 16200.

2023-10-23
1180

Pivot: 18000

Our preference: short positions below 18000 with targets at 16800 & 16200 in extension.

Alternative scenario: above 18000 look for further upside with 18450 & 18900 as targets.

Comment: a break below 16800 would trigger a drop towards 16200.

Supports and resistances:

18900 ***

18450 ***

18000 ***

17172 Last

16800 ***

16200 ***

15400 **

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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