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Hang Seng Intraday: consolidation.
2023-12-18
937
Pivot: 16630
Our preference: long positions above 16630 with targets at 16940 & 17060 in extension.
Alternative scenario: below 16630 look for further downside with 16480 & 16320 as targets.
Comment: the RSI has just broken down its overbought area (70%).
Supports and resistances:
17180
17060
16940
16792 Last
16630
16480
16320
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