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Our pivot point stands at 19.15.
Our preference
Rebound towards 19.99.
Alternative scenario
The downside breakout of 19.15 would call for 18.82 and 18.63.
Comment
The RSI is below 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 19.46 and 19.64).
Supports and resistances
20.38 **
20.19 *
19.99 **
19.80
19.41 last
19.28
19.15 **
18.82 *
18.63 **
Number of asterisks represents the strength of support and resistance levels.
