Hang Seng Intraday: bullish bias above 16380.
Pivot: 16380
Our preference: long positions above 16380 with targets at 16650 & 16850 in extension.
Alternative scenario: below 16380 look for further downside with 16250 & 16140 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
17000
16850
16650
16547 Last
16380
16250
16140
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