Hang Seng may rise to 18680 - 18790

Pivot

18420

Our preference

Long positions above 18420 with targets at 18680 & 18790 in extension.

Alternative scenario

Below 18420 look for further downside with 18300 & 18180 as targets.

Comment

The RSI is mixed and calls for caution.

Supports and resistances

19000

18790

18680

18470 Last

18420

18300

18180

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