63.3 is our pivot point.
Our preference: rebound towards 66.6.
Alternative scenario: below 63.3, expect 62.0 and 61.3.
Comment: the RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (63.7) but under its 50 period moving average (65.8).
Supports and resistances:
68.1 **
67.3 *
66.6 **
65.8
64.3 last
63.8
63.3 **
62.0 *
61.3 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 10-02-2024 at 06:05 UTC+1
Price reference: 64.3 last known on 10-02-2024 at 06:05 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf