Our pivot point is at 81.52.
Our preference: our next up target stands at 82.48.
Alternative scenario: below 81.52, expect 81.17 and 80.96.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price is above its 20 and 50 period moving average (respectively at 81.79 and 81.83).
Supports and resistances:
82.90 **
82.69 *
82.48 **
82.27
81.84 last
81.65
81.52 **
81.17 *
80.96 **
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 03-21-2023 at 20:01 UTC+1
Price reference: 81.84 last known on 03-21-2023 at 20:01 UTC+1
Investment horizon: INTRADAY