Our pivot point stands at 144.28.
Our preference: the downside prevails as long as 144.28 is resistance.
Alternative scenario: above 144.28, look for 144.99 and 145.41.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 144.06 and 144.35).
Supports and resistances:
145.41 **
144.99 *
144.28 **
144.00
143.70 last
142.85
142.42 **
142.00 *
141.58 **
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 04-05-2023 at 10:47 UTC+1
Price reference: 143.70 last known on 04-05-2023 at 10:47 UTC+1
Investment horizon: INTRADAY