19.71 is our pivot point.
Our preference: rebound towards 21.23.
Alternative scenario: below 19.71, expect 19.12 and 18.77.
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 under both its 20 and 50 period moving average (respectively at 20.20 and 20.39).
Supports and resistances:
21.93 **
21.58 *
21.23 **
20.88
20.17 last
19.94
19.71 **
19.12 *
18.77 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 02:03 UTC+1
Price reference: 20.17 last known on 09-05-2025 at 02:03 UTC+1
Investment horizon: INTRADAY
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