592.1 is our pivot point.
Our preference: as long as 592.1 is support look for 625.7.
Alternative scenario: below 592.1, expect 581.0 and 574.3.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 604.5 and 594.5).
Supports and resistances:
639.1 **
632.4 *
625.7 **
619.0
604.6 last
596.5
592.1 **
581.0 *
574.3 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-24-2024 at 10:41 UTC+1
Price reference: 604.6 last known on 09-24-2024 at 10:41 UTC+1
Investment horizon: INTRADAY
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