Hang Seng may rise to 18070 - 18170

Pivot

17850

Our preference

Long positions above 17850 with targets at 18070 & 18170 in extension.

Alternative scenario

Below 17850 look for further downside with 17750 & 17650 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

18265

18170

18070

17936 Last

17850

17750

17650

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