Hang Seng may rise to 21920 - 22650

Pivot

20750

Our preference

Long positions above 20750 with targets at 21920 & 22650 in extension.

Alternative scenario

Below 20750 look for further downside with 20230 & 19900 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

23230

22650

21920

21252 Last

20750

20230

19900

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