Our pivot point stands at 22.37.
Our preference
Rebound towards 24.32.
Alternative scenario
Below 22.37, expect 21.65 and 21.23.
Comment
The RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 23.07 and 23.78).
Supports and resistances
25.18 **
24.75 *
24.32 **
23.89
22.98 last
22.66
22.37 **
21.65 *
21.23 **
Number of asterisks represents the strength of support and resistance levels.


