Our pivot point stands at 594.0.
Our preference: eye 545.0.
Alternative scenario: above 594, look for 610.3 and 620.1.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under its 20 period moving average (585) but above its 50 period moving average (575.2).
Supports and resistances:
620.1 **
610.3 *
594.0 **
587.5
578.1 last
554.7
545.0 **
535.4 *
525.8 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 04-05-2024 at 11:00 UTC+1
Price reference: 578.1 last known on 04-05-2024 at 11:00 UTC+1
Investment horizon: INTRADAY
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