Pivot: 71.30
Our preference: short positions below 71.30 with targets at 65.50 & 61.60 in extension.
Alternative scenario: above 71.30 look for further upside with 73.40 & 75.10 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
75.10 **
73.40 ***
71.30 ***
68.26 Last
65.50 ***
61.60 ***
60.00 **
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 03-24-2025 at 01:59 UTC+1
Price reference: 68.26 last known on 03-24-2025 at 01:59 UTC+1
Investment horizon: ST
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