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Hang Seng Intraday: the downside prevails.

2023-12-05
414

Pivot: 16410

Our preference: short positions below 16410 with targets at 16200 & 16100 in extension.

Alternative scenario: above 16410 look for further upside with 16510 & 16640 as targets.

Comment: the RSI has broken down its 30 level.

Supports and resistances:

16640

16510

16410

16295 Last

16200

16100

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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