HK50 Intraday: bullish bias above 25110.
long positions above 25110 with targets at 25340 & 25460 in extension.

Pivot: 25110
Our preference: long positions above 25110 with targets at 25340 & 25460 in extension.
Alternative scenario: below 25110 look for further downside with 24960 & 24800 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
25600
25460
25340
25176 Last
25110
24960
24800
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