Our pivot point stands at 2614.
Our preference: as long as 2614 is support look for 2786.
Alternative scenario: below 2614, expect 2549 and 2510.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 2661 and 2632).
Supports and resistances:
2864 **
2825 *
2786 **
2748
2667 last
2640
2614 **
2549 *
2510 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 08-18-2024 at 21:51 UTC+1
Price reference: 2667 last known on 08-18-2024 at 21:51 UTC+1
Investment horizon: INTRADAY
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