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Hang Seng ST: key resistance at 18500.

2024-07-15
1370

Pivot: 18500

Our preference: short positions below 18500 with targets at 17450 & 17100 in extension.

Alternative scenario: above 18500 look for further upside with 19200 & 19700 as targets.

Comment: the index currently faces a challenging resistance area at 18500.

Supports and resistances:

19700 **

19200 ***

18500 ***

18110 Last

17450 ***

17100 ***

16600 **

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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