70340 is our pivot point.
Our preference: target 67400.
Alternative scenario: above 70340, look for 71450 and 72120.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (69553) but above its 50 period moving average (69298).
Supports and resistances:
72120 **
71450 *
70340 **
69900
69399 last
68070
67400 **
66740 *
66080 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-10-2024 at 22:11 UTC+1
Price reference: 69399 last known on 03-10-2024 at 22:11 UTC+1
Investment horizon: INTRADAY
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