Our pivot point stands at 2748.
Our preference: the upside prevails as long as 2748 is support.
Alternative scenario: below 2748, expect 2676 and 2634.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 2801 and 2794).
Supports and resistances:
3021 **
2978 *
2935 **
2893
2805 last
2776
2748 **
2676 *
2634 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-02-2025 at 10:43 UTC+1
Price reference: 2805 last known on 12-02-2025 at 10:43 UTC+1
Investment horizon: INTRADAY
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