Our pivot point is at 13.95.
Our preference: as long as 13.95 is support look for 15.42.
Alternative scenario: below 13.95, expect 13.50 and 13.24.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (14.38) but above its 50 period moving average (13.80).
Supports and resistances:
15.96 **
15.69 *
15.42 **
15.15
14.32 last
14.13
13.95 **
13.50 *
13.24 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-03-2025 at 15:05 UTC+1
Price reference: 14.32 last known on 12-03-2025 at 15:05 UTC+1
Investment horizon: INTRADAY
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