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Our pivot point stands at 20.29.
Our preference
Our next up target stands at 21.59.
Alternative scenario
Below 20.29, expect 19.79 and 19.49.
Comment
The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 20.65 and 20.67).
Supports and resistances
22.18 **
21.89 *
21.59 **
21.29
20.69 last
20.48
20.29 **
19.79 *
19.49 **
Number of asterisks represents the strength of support and resistance levels.
