Our pivot point is at 196.63.
Our preference: our next up target stands at 198.54
Alternative scenario: below 196.63, expect 195.96 and 195.56.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is above its 20 and 50 period moving average (respectively at 197.22 and 197.28).
Supports and resistances:
199.34 **
198.94 *
198.54 **
198.13
197.29 last
196.90
196.63 **
195.96 *
195.56 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 06-25-2025 at 01:15 UTC+1
Price reference: 197.29 last known on 06-25-2025 at 01:15 UTC+1
Investment horizon: INTRADAY
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