28.23 is our pivot point.
Our preference
Rebound towards 30.99.
Alternative scenario
The downside breakout of 28.23 would call for 27.32 and 26.78.
Comment
The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price stands below its 20 and 50 period moving average (respectively at 29.43 and 30.13).
Supports and resistances
32.09 **
31.54 *
30.99 **
30.45
29.24 last
28.58
28.23 **
27.32 *
26.78 **
Number of asterisks represents the strength of support and resistance levels.


