Hang Seng may rise to 21520 - 21920

Pivot

20680

Our preference

Long positions above 20680 with targets at 21520 & 21920 in extension.

Alternative scenario

Below 20680 look for further downside with 20230 & 19900 as targets.

Comment

The RSI is mixed to bullish.

Supports and resistances

22650

21920

21520

21137 Last

20680

20230

19900

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