Pivot: 50.50
Our preference: short positions below 50.50 with targets at 49.30 & 48.85 in extension.
Alternative scenario: above 50.50 look for further upside with 51.00 & 51.50 as targets.
Comment: as long as the resistance at 50.50 is not surpassed, the risk of the break below 49.30 remains high.
Supports and resistances:
51.50
51.00
50.50
49.94 Last
49.30
48.85
48.45
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 11-18-2025 at 09:53 UTC+1
Price reference: 49.94 last known on 11-18-2025 at 09:53 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