Our pivot point stands at 282.3.
Our preference: as long as 282.3 is support look for 299.4.
Alternative scenario: the downside breakout of 282.3 would call for 276.5 and 273.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 287.6 and 284.9).
Supports and resistances:
306.4 **
302.9 *
299.4 **
295.9
288.6 last
284.6
282.3 **
276.5 *
273.0 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 01-13-2023 at 17:55 UTC+1
Price reference: 288.6 last known on 01-13-2023 at 17:55 UTC+1
Investment horizon: INTRADAY
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