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Hang Seng ST: under pressure.
2024-01-17
589
Pivot: 16450
Our preference: short positions below 16450 with targets at 14600 & 14000 in extension.
Alternative scenario: above 16450 look for further upside with 17100 & 17600 as targets.
Comment: the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
17600 ***
17100 ***
16450 ***
15431 Last
14600 ***
14000 ***
13400 **
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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