Hang Seng Bearish Over Under MA 50-100-200 in Graph 4 Hours

The bias is likely to be bullish in the short term for the Hang Seng Stochastic indicator line on 4-hour chart shows upward movement. But overall, as long as the price is below the MA 50-100-200 trend is still bearish.

Nearest resistance levels seen in area of 22 125, a break above that area could trigger further bullish tested to 22 380 before trying to touch the key resistance area at 22730. For the downside, nearest support level is at 21850, a break below that area could trigger bearish pressure Advanced headed to 21 635 before the test to the key level of support at 21430.

Resistance levels: 22 125, 22 380, 22 730
Level of support: 21 850, 21 635, 21 430

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