400.6 is our pivot point.
Our preference: eye 384.0.
Alternative scenario: the upside breakout of 400.6, would call for 406.4 and 409.8.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is below its 20 period moving average (397.3) but above its 50 period moving average (394.3).
Supports and resistances:
409.8 **
406.4 *
400.6 **
398.4
395.9 last
387.4
384.0 **
380.6 *
377.2 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-27-2024 at 22:17 UTC+1
Price reference: 395.9 last known on 02-27-2024 at 22:17 UTC+1
Investment horizon: INTRADAY
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