Hang Seng Intraday: the bias remains bullish.
Pivot: 17630
Our preference: long positions above 17630 with targets at 18040 & 18200 in extension.
Alternative scenario: below 17630 look for further downside with 17440 & 17280 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
18380
18200
18040
17786 Last
17630
17440
17280
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