Hang Seng may rise to 20790 - 20930

Pivot

20380

Our preference

Long positions above 20380 with targets at 20790 & 20930 in extension.

Alternative scenario

Below 20380 look for further downside with 19980 & 19570 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

21070

20930

20790

20512 Last

20380

19980

19570

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