Our pivot point is at 146.29.
Our preference: rebound.
Alternative scenario: below 146.29, expect 145.57 and 145.14.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price stands above its 20 period moving average (146.85) but below its 50 period moving average (146.99).
Supports and resistances:
149.09 **
148.66 *
148.24 **
147.81
146.92 last
146.57
146.29 **
145.57 *
145.14 **
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 04-18-2023 at 00:08 UTC+1
Price reference: 146.92 last known on 04-18-2023 at 00:08 UTC+1
Investment horizon: INTRADAY