Pivot: 79.90
Our preference: long positions above 79.90 with targets at 81.10 & 81.90 in extension.
Alternative scenario: below 79.90 look for further downside with 79.45 & 78.90 as targets.
Comment: the RSI calls for a new upleg.
Supports and resistances:
82.80
81.90
81.10
80.58 Last
79.90
79.45
78.90
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 08-18-2023 at 05:32 UTC+1
Price reference: 80.58 last known on 08-18-2023 at 05:32 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf