Groupe ADP may fall to 95.60 - 98.80

Our pivot point stands at 115.2.

Our preference

The downside prevails as long as 115.2 is resistance.

Alternative scenario

The upside breakout of 115.2 would call for 120.8 and 124.1.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 112.555 and 115.044).

Supports and resistances

124.1 **

120.8 *

115.2 **

113

108.6 (EUR-last)

102.1

98.8 **

95.6 *

92.3 **

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