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Our pivot point is at 19.78.
Our preference
Rebound towards 21.03.
Alternative scenario
Below 19.78, expect 19.29 and 19.00.
Comment
The RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading under both its 20 and 50 period moving average (respectively at 20.31 and 20.82).
Supports and resistances
21.61 **
21.32 *
21.03 **
20.74
20.16 last
19.97
19.78 **
19.29 *
19.00 **
Number of asterisks represents the strength of support and resistance levels.
