Our pivot point is at 658.5.
Our preference: the downside prevails as long as 658.5 is resistance.
Alternative scenario: above 658.5, look for 670.2 and 677.2.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 651.3 and 650.1).
Supports and resistances:
677.2 **
670.2 *
658.5 **
653.9
648.8 last
633.8
626.8 **
619.8 *
612.9 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 02-20-2025 at 10:42 UTC+1
Price reference: 648.8 last known on 02-20-2025 at 10:42 UTC+1
Investment horizon: INTRADAY
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