Hang Seng (HKFE) (H4) Intraday: further upside.
Pivot: 16480.00
Our preference: long positions above 16480.00 with targets at 16820.00 & 16950.00 in extension.
Alternative scenario: below 16480.00 look for further downside with 16350.00 & 16240.00 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
17110.00
16950.00
16820.00
16738.00 Last
16480.00
16350.00
16240.00
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