Our pivot point stands at 19.86.
Our preference: the upside prevails as long as 19.86 is support.
Alternative scenario: below 19.86, expect 19.27 and 18.91.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 20.28 and 20.29).
Supports and resistances:
22.09 **
21.74 *
21.39 **
21.03
20.33 last
20.09
19.86 **
19.27 *
18.91 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 08:48 UTC+1
Price reference: 20.33 last known on 09-05-2025 at 08:48 UTC+1
Investment horizon: INTRADAY
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