Pivot: 68.55
Our preference: short positions below 68.55 with targets at 67.70 & 67.20 in extension.
Alternative scenario: above 68.55 look for further upside with 69.10 & 69.70 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
69.70
69.10
68.55
68.22 Last
67.70
67.20
67.00
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 12-03-2024 at 07:03 UTC+1
Price reference: 68.22 last known on 12-03-2024 at 07:03 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