Our pivot point is at 23.61.
Our preference: eye 21.63.
Alternative scenario: the upside breakout of 23.61, would call for 24.33 and 24.76.
Comment: the RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price is trading under its 20 period moving average (23.06) but above its 50 period moving average (22.96).
Supports and resistances:
24.76 **
24.33 *
23.61 **
23.33
23.04 last
22.06
21.63 **
21.20 *
20.77 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-02-2025 at 21:52 UTC+1
Price reference: 23.04 last known on 09-02-2025 at 21:52 UTC+1
Investment horizon: INTRADAY
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