TAL Education may rise to 14.30 - 15.20

Our pivot point stands at 9.6.

Our preference

The upside prevails as long as 9.6 is support.

Alternative scenario

Below 9.6, expect 8.2 and 7.4.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 9.6275 and 8.9844).

Supports and resistances

16.1 **

15.2 *

14.3 **

13.4

11.34 (USD-last)

10.2

9.6 **

8.2 *

7.4 **

Number of asterisks represents the strength of support and resistance levels.