2640 is our pivot point.
Our preference: target 2466.
Alternative scenario: above 2640, look for 2705 and 2744.
Comment: the RSI is below its neutrality area at 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (2593) but above its 50 period moving average (2573).
Supports and resistances:
2744 **
2705 *
2640 **
2614
2584 last
2504
2466 **
2427 *
2388 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-22-2024 at 09:11 UTC+1
Price reference: 2584 last known on 09-22-2024 at 09:11 UTC+1
Investment horizon: INTRADAY
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