Our pivot point is at 320.7.
Our preference: the upside prevails as long as 320.7 is support.
Alternative scenario: the downside breakout of 320.7 would call for 315.4 and 312.2.
Comment: the RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 323.4 and 321.1).
Supports and resistances:
340.8 **
337.6 *
334.5 **
331.3
325.0 last
322.8
320.7 **
315.4 *
312.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-14-2023 at 02:40 UTC+1
Price reference: 325.0 last known on 04-14-2023 at 02:40 UTC+1
Investment horizon: INTRADAY
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