Our pivot point stands at 2922.
Our preference: rebound towards 3120.
Alternative scenario: the downside breakout of 2922 would call for 2847 and 2802.
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 2989 and 3040).
Supports and resistances:
3210 **
3165 *
3120 **
3075
2981 last
2952
2922 **
2847 *
2802 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-18-2024 at 02:37 UTC+1
Price reference: 2981 last known on 04-18-2024 at 02:37 UTC+1
Investment horizon: INTRADAY
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