Hang Seng may rise to 18680 - 18790

Pivot

18300

Our preference

Long positions above 18300 with targets at 18680 & 18790 in extension.

Alternative scenario

Below 18300 look for further downside with 18180 & 18070 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

19000

18790

18680

18516 Last

18300

18180

18070

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