Hang Seng may rise to 20790 - 20930

Pivot

20530

Our preference

Long positions above 20530 with targets at 20790 & 20930 in extension.

Alternative scenario

Below 20530 look for further downside with 20380 & 20160 as targets.

Comment

The RSI is mixed.

Supports and resistances

21070

20930

20790

20600 Last

20530

20380

20160

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