Our pivot point stands at 29920.
Our preference: as long as 29920 is support look for 31520.
Alternative scenario: below 29920, expect 29300 and 28940.
Comment: the RSI is above 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 30387 and 30239).
Supports and resistances:
32250 **
31880 *
31520 **
31150
30410 last
30160
29920 **
29300 *
28940 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-14-2023 at 02:40 UTC+1
Price reference: 30410 last known on 04-14-2023 at 02:40 UTC+1
Investment horizon: INTRADAY
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