236.6 is our pivot point.
Our preference: rebound towards 247.2.
Alternative scenario: below 236.6, expect 233.0 and 230.8.
Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 240.7 and 241.9).
Supports and resistances:
251.5 **
249.3 *
247.2 **
245.0
239.5 last
238.0
236.6 **
233.0 *
230.8 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-11-2023 at 17:26 UTC+1
Price reference: 239.5 last known on 08-11-2023 at 17:26 UTC+1
Investment horizon: INTRADAY
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