Hang Seng may fall to 20160 - 20380

Pivot

20650

Our preference

Short positions below 20650 with targets at 20380 & 20160 in extension.

Alternative scenario

Above 20650 look for further upside with 20790 & 20930 as targets.

Comment

The RSI is mixed.

Supports and resistances

20930

20790

20650

20489 Last

20380

20160

19980

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