Our pivot point is at 177.37.
Our preference: our next up target stands at 178.50
Alternative scenario: below 177.37, expect 176.97 and 176.73.
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 177.56 and 177.65).
Supports and resistances:
178.98 **
178.74 *
178.50 **
178.26
177.70 last
177.53
177.37 **
176.97 *
176.73 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 11-03-2025 at 19:23 UTC+1
Price reference: 177.70 last known on 11-03-2025 at 19:23 UTC+1
Investment horizon: INTRADAY
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