Hang Seng ST: key resistance at 16300.
Pivot: 16300
Our preference: short positions below 16300 with targets at 15350 & 14600 in extension.
Alternative scenario: above 16300 look for further upside with 17100 & 17600 as targets.
Comment: a break below 15350 would trigger a drop towards 14600.
Supports and resistances:
17600 ***
17100 ***
16300 ***
15746 Last
15350 ***
14600 ***
14000 **
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