Our pivot point is at 12.66.
Our preference: the upside prevails as long as 12.66 is support.
Alternative scenario: the downside breakout of 12.66 would call for 12.26 and 12.01.
Comment: the RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 12.88 and 12.91).
Supports and resistances:
14.20 **
13.95 *
13.71 **
13.47
12.98 last
12.82
12.66 **
12.26 *
12.01 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-02-2025 at 02:05 UTC+1
Price reference: 12.98 last known on 12-02-2025 at 02:05 UTC+1
Investment horizon: INTRADAY
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