Hang Seng (HKFE) (H4) Intraday: intraday support around 16430.00.
Pivot: 16430.00
Our preference: long positions above 16430.00 with targets at 16650.00 & 16730.00 in extension.
Alternative scenario: below 16430.00 look for further downside with 16350.00 & 16240.00 as targets.
Comment: the RSI is mixed with a bullish bias.
Supports and resistances:
16820.00
16730.00
16650.00
16537.00 Last
16430.00
16350.00
16240.00
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