62040 is our pivot point.
Our preference
As long as 62040 is support look for 64770.
Alternative scenario
Below 62040, expect 61050 and 60460.
Comment
The RSI is above 50. The MACD is below its signal line and positive. The price could retrace. Moreover, the price is trading under its 20 period moving average (62991) but above its 50 period moving average (62548).
Supports and resistances
65950 **
65360 *
64770 **
64180
62816 last
62430
62040 **
61050 *
60460 **
Number of asterisks represents the strength of support and resistance levels.


