HK50 Intraday: the bias remains bullish.
long positions above 26240 with targets at 26580 & 26800 in extension.

Pivot: 26240
Our preference: long positions above 26240 with targets at 26580 & 26800 in extension.
Alternative scenario: below 26240 look for further downside with 26050 & 25880 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
27000
26800
26580
26388 Last
26240
26050
25880
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