Our pivot point is at 82.49.
Our preference: rebound towards 83.47.
Alternative scenario: below 82.49, expect 82.15 and 81.94.
Comment: the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 82.77 and 83.03).
Supports and resistances:
83.88 **
83.68 *
83.47 **
83.27
82.77 last
82.63
82.49 **
82.15 *
81.94 **
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 21:55 UTC+1
Price reference: 82.77 last known on 04-05-2023 at 21:55 UTC+1
Investment horizon: INTRADAY