Hang Seng ST: bullish bias above 16050.
Pivot: 16050
Our preference: long positions above 16050 with targets at 17600 & 18150 in extension.
Alternative scenario: below 16050 look for further downside with 15350 & 14800 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
18900 ***
18150 ***
17600 ***
16684 Last
16050 ***
15350 ***
14800 **
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