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Our pivot point is at 15.15.
Our preference
The downside prevails as long as 15.15 is resistance.
Alternative scenario
The upside breakout of 15.15, would call for 15.53 and 15.76.
Comment
The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 15.02 and 14.96).
Supports and resistances
15.76 **
15.53 *
15.15 **
14.99
14.84 last
14.37
14.14 **
13.91 *
13.68 **
Number of asterisks represents the strength of support and resistance levels.
