Hang Seng ST: further advance.
Pivot: 16500
Our preference: long positions above 16500 with targets at 17600 & 18200 in extension.
Alternative scenario: below 16500 look for further downside with 16030 & 15300 as targets.
Comment: the RSI advocates for further advance.
Supports and resistances:
18900 ***
18200 ***
17600 ***
17284 Last
16500 ***
16030 ***
15300 **
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