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 is mixed to bullish.

Supports and resistances

21610

21340

21070

20516 Last

20230

19900

19570

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