Our pivot point stands at 595.
Our preference
Target 551.
Alternative scenario
Above 595, look for 609 and 617.
Comment
The RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day moving average (589.6845) but above its 50 day moving average (574.0874).
Supports and resistances
617 **
609 *
595 **
590
577.07 (USD-last)
558
551 **
543 *
535 **
Number of asterisks represents the strength of support and resistance levels.