Our pivot point stands at 226.6.
Our preference: the upside prevails as long as 226.6 is support.
Alternative scenario: the downside breakout of 226.6 would call for 220.1 and 216.3.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 226.5 and 225).
Supports and resistances:
252.1 **
248.3 *
244.4 **
240.5
232.2 last
229.1
226.6 **
220.1 *
216.3 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-14-2022 at 06:41 UTC+1
Price reference: 232.2 last known on 07-14-2022 at 06:41 UTC+1
Investment horizon: INTRADAY
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