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Hang Seng Intraday: 19850 expected.

2024-05-20
835

Pivot: 19500

Our preference: long positions above 19500 with targets at 19700 & 19850 in extension.

Alternative scenario: below 19500 look for further downside with 19340 & 19180 as targets.

Comment: the RSI is bullish and calls for further advance.

Supports and resistances:

20000

19850

19700

19660 Last

19500

19340

19180

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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