Our pivot point stands at 20.21.
Our preference: eye 11.94.
Alternative scenario: above 20.21, look for 23.34 and 25.21.
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 (18.25) but above its 50 period moving average (17.56).
Supports and resistances:
25.21 **
23.34 *
20.21 **
18.98
17.60 last
13.77
11.94 **
10.11 *
8.28 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-03-2025 at 12:03 UTC+1
Price reference: 17.60 last known on 06-03-2025 at 12:03 UTC+1
Investment horizon: ST
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