Hang Seng may fall to 20260 - 20770

Pivot

21920

Our preference

Short positions below 21920 with targets at 20770 & 20260 in extension.

Alternative scenario

Above 21920 look for further upside with 22650 & 23220 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

23220

22650

21920

21334 Last

20770

20260

20000

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