Our pivot point is at 14.81.
Our preference: under pressure below 14.81.
Alternative scenario: above 14.81, look for 15.27 and 15.54.
Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 14.59 and 14.47).
Supports and resistances:
15.54 **
15.27 *
14.81 **
14.64
14.45 last
13.90
13.63 **
13.36 *
13.09 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-04-2025 at 06:09 UTC+1
Price reference: 14.45 last known on 12-04-2025 at 06:09 UTC+1
Investment horizon: INTRADAY
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