Hang Seng Intraday: turning up.
Pivot: 16440
Our preference: long positions above 16440 with targets at 16800 & 16960 in extension.
Alternative scenario: below 16440 look for further downside with 16290 & 16140 as targets.
Comment: a support base at 16440 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
17080
16960
16800
16543 Last
16440
16290
16140
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