Hang Seng may rise to 17520 - 17700

Pivot

17170

Our preference

Long positions above 17170 with targets at 17520 & 17700 in extension.

Alternative scenario

Below 17170 look for further downside with 16960 & 16840 as targets.

Comment

The RSI is bullish and calls for further upside.

Supports and resistances

17860

17700

17520

17338 Last

17170

16960

16840

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