Hang Seng short term Bullish, test The 23800

The bias possibility bullish in the short term for the Hang Seng over the indicator Stochastic ride in 1 hour charts. However, as long as the price is still below the MA 50-100-200, the trend should still bearish.

To the side of it, the nearest being in resistant level 23540, break above these areas should trigger further bullish heading into 23680 before targeting to key areas in the resistant 23800. If prices failed to break through to the top area of the price should be, 23800 corrected test to the nearest support level on 23390, break below that area could trigger further bearish heading 23260 before heading to key support in the area of 23040.

Resistant level: 23540, 23680, 23800
support level: 23390, 23260, 23040

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