Hang Seng (HKFE) (H4) Intraday: bullish bias above 16430.00.
Pivot: 16430.00
Our preference: long positions above 16430.00 with targets at 16690.00 & 16800.00 in extension.
Alternative scenario: below 16430.00 look for further downside with 16320.00 & 16150.00 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
16890.00
16800.00
16690.00
16602.00 Last
16430.00
16320.00
16150.00
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