Our pivot point stands at 132.79.
Our preference: rebound towards 134.10.
Alternative scenario: below 132.79, expect 132.28 and 131.98.
Comment: the RSI is below 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 133.26 and 133.54).
Supports and resistances:
134.71 **
134.40 *
134.10 **
133.80
133.19 last
132.99
132.79 **
132.28 *
131.98 **
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 04-12-2023 at 22:46 UTC+1
Price reference: 133.19 last known on 04-12-2023 at 22:46 UTC+1
Investment horizon: INTRADAY