Hang Seng may rise to 18200 - 18500

Pivot

17715

Our preference

Long positions above 17715 with targets at 18200 & 18500 in extension.

Alternative scenario

Below 17715 look for further downside with 17490 & 17360 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

18800

18500

18200

18042 Last

17715

17490

17360

Number of asterisks represents the strength of support and resistance levels.