Our pivot point is at 182.29.
Our preference: as long as 182.29 is support look for 191.17
Alternative scenario: below 182.29, expect 179.39 and 177.66.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 183.94 and 179.39).
Supports and resistances:
194.65 **
192.91 *
191.17 **
189.43
185.57 last
183.43
182.29 **
179.39 *
177.66 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 07-28-2025 at 09:15 UTC+1
Price reference: 185.57 last known on 07-28-2025 at 09:15 UTC+1
Investment horizon: ST
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