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Hang Seng MT: under pressure.

2024-02-12
585

Pivot: 18200

Our preference: short positions below 18200 with targets at 14600 & 12400 in extension.

Alternative scenario: above 18200 look for further upside with 20700 & 22700 as targets.

Comment: the RSI shows downside momentum.

Supports and resistances:

22700 **

20700 **

18200 ***

15748 Last

14600 ***

12400 ***

10000 **

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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