Hang Seng may rise to 17960 - 18080

Pivot

17730

Our preference

Long positions above 17730 with targets at 17960 & 18080 in extension.

Alternative scenario

Below 17730 look for further downside with 17620 & 17460 as targets.

Comment

The RSI calls for a bounce.

Supports and resistances

18210

18080

17960

17853 Last

17730

17620

17460

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