Our pivot point is at 206.28.
Our preference: target 205.10
Alternative scenario: above 206.28, look for 206.66 and 206.89.
Comment: the RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is below its 20 period moving average (205.86) but above its 50 period moving average (205.79).
Supports and resistances:
206.89 **
206.66 *
206.28 **
206.13
205.84 last
205.33
205.10 **
204.87 *
204.65 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-03-2025 at 00:15 UTC+1
Price reference: 205.84 last known on 12-03-2025 at 00:15 UTC+1
Investment horizon: INTRADAY
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