Pivot: 70.50
Our preference: long positions above 70.50 with targets at 72.90 & 74.00 in extension.
Alternative scenario: below 70.50 look for further downside with 69.55 & 68.80 as targets.
Comment: investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
75.00
74.00
72.90
71.93 Last
70.50
69.55
68.80
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 12-14-2023 at 15:59 UTC+1
Price reference: 71.93 last known on 12-14-2023 at 15:59 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