HK50 Intraday: the bias remains bullish.
long positions above 17490 with targets at 17830 & 17980 in extension.
Pivot: 17490
Our preference: long positions above 17490 with targets at 17830 & 17980 in extension.
Alternative scenario: below 17490 look for further downside with 17360 & 17240 as targets.
Comment: the RSI shows upside momentum.
Supports and resistances:
18200
17980
17830
17660 Last
17490
17360
17240
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