Hang Seng may rise to 21070 - 21340

Pivot

20230

Our preference

Long positions above 20230 with targets at 21070 & 21340 in extension.

Alternative scenario

Below 20230 look for further downside with 19900 & 19570 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

21610

21340

21070

20754 Last

20230

19900

19570

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