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Our pivot point is at 19.63.
Our preference
As long as 19.63 is support look for 20.49.
Alternative scenario
The downside breakout of 19.63 would call for 19.29 and 19.09.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The price could retrace. Moreover, the price is above its 20 and 50 period moving average (respectively at 19.84 and 19.77).
Supports and resistances
20.89 **
20.69 *
20.49 **
20.29
19.89 last
19.76
19.63 **
19.29 *
19.09 **
Number of asterisks represents the strength of support and resistance levels.
