Our pivot point stands at 144.12.
Our preference: the upside prevails as long as 144.12 is support.
Alternative scenario: the downside breakout of 144.12 would call for 143.47 and 143.08.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 144.24 and 144.36).
Supports and resistances:
146.69 **
146.29 *
145.90 **
145.51
144.70 last
144.38
144.12 **
143.47 *
143.08 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 04-03-2023 at 12:14 UTC+1
Price reference: 144.70 last known on 04-03-2023 at 12:14 UTC+1
Investment horizon: INTRADAY