Hang Seng may rise to 18200 - 18350

Pivot

17880

Our preference

Long positions above 17880 with targets at 18200 & 18350 in extension.

Alternative scenario

Below 17880 look for further downside with 17760 & 17640 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

18520

18350

18200

18048 Last

17880

17760

17640

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