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Hang Seng Intraday: bounce.
2023-12-08
478
Pivot: 16260
Our preference: long positions above 16260 with targets at 16420 & 16550 in extension.
Alternative scenario: below 16260 look for further downside with 16160 & 16000 as targets.
Comment: the RSI is posting a bullish divergence (not confirmed yet).
Supports and resistances:
16680
16550
16420
16345 Last
16260
16160
16000
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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