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Hang Seng ST: key resistance at 18000.

2023-11-06
755

Pivot: 18000

Our preference: short positions below 18000 with targets at 16850 & 16200 in extension.

Alternative scenario: above 18000 look for further upside with 18450 & 18900 as targets.

Comment: the upward potential is likely to be limited by the resistance at 18000.

Supports and resistances:

18900 ***

18450 ***

18000 ***

17664 Last

16850 ***

16200 ***

15400 **

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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