Our pivot point stands at 21.81.
Our preference: rebound towards 23.66.
Alternative scenario: below 21.81, expect 21.11 and 20.69.
Comment: the RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 22.41 and 22.92).
Supports and resistances:
24.50 **
24.08 *
23.66 **
23.25
22.39 last
22.09
21.81 **
21.11 *
20.69 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 09-05-2025 at 04:07 UTC+1
Price reference: 22.39 last known on 09-05-2025 at 04:07 UTC+1
Investment horizon: INTRADAY
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