Our pivot point is at 184.39.
Our preference: as long as 184.39 is support look for 185.38
Alternative scenario: below 184.39, expect 184.03 and 183.81.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). The MACD is below its signal line and positive. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 184.53 and 184.08).
Supports and resistances:
185.60 *
185.38 **
185.17
184.70 last
184.39 **
184.03 *
183.81 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 05-05-2026 at 21:37 UTC+1
Price reference: 184.70 last known on 05-05-2026 at 21:37 UTC+1
Investment horizon: INTRADAY
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