Hang Seng may rise to 18040 - 18150

Pivot

17590

Our preference

Long positions above 17590 with targets at 18040 & 18150 in extension.

Alternative scenario

Below 17590 look for further downside with 17445 & 17230 as targets.

Comment

The RSI advocates for further upside.

Supports and resistances

18310

18150

18040

17875 Last

17590

17445

17230

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