21.35 is our pivot point.
Our preference
The downside prevails as long as 21.35 is resistance.
Alternative scenario
Above 21.35, look for 24.49 and 26.36.
Comment
The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 20.93 and 24.10).
Supports and resistances
26.36 **
24.49 *
21.35 **
20.12
18.88 last
15.14
13.27 **
11.40 *
9.53 **
Number of asterisks represents the strength of support and resistance levels.


