Our pivot point is at 203.99.
Our preference: as long as 203.99 is resistance look for 201.95
Alternative scenario: above 203.99, look for 204.67 and 205.08.
Comment: the RSI is above its neutrality area at 50. The MACD is below its signal line and negative. The penetration of 50 on the RSI should trigger further losses. Moreover, the price stands above its 20 period moving average (203.37) but below its 50 period moving average (203.52).
Supports and resistances:
205.08 **
204.67 *
203.99 **
203.43 last
202.35
201.95 **
201.54 *
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-12-2026 at 10:35 UTC+1
Price reference: 203.43 last known on 03-12-2026 at 10:35 UTC+1
Investment horizon: INTRADAY
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