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Hang Seng Intraday: bullish bias above 16580.
2024-04-08
686
Pivot: 16580
Our preference: long positions above 16580 with targets at 16900 & 17010 in extension.
Alternative scenario: below 16580 look for further downside with 16480 & 16360 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
17210
17010
16900
16728 Last
16580
16480
16360
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