Our pivot point stands at 73.3.
Our preference: rebound towards 76.5.
Alternative scenario: below 73.3, expect 72.0 and 71.3.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 74.3 and 74.6).
Supports and resistances:
78.0 **
77.3 *
76.5 **
75.8
74.3 last
73.8
73.3 **
72.0 *
71.3 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-28-2024 at 06:51 UTC+1
Price reference: 74.3 last known on 02-28-2024 at 06:51 UTC+1
Investment horizon: INTRADAY
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