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Our pivot point is at 21.51.
Our preference
The upside prevails as long as 21.51 is support.
Alternative scenario
The downside breakout of 21.51 would call for 21.42 and 21.37.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 21.57 and 21.56).
Supports and resistances
21.84 **
21.79 *
21.74 **
21.69
21.58 last
21.54
21.51 **
21.42 *
21.37 **
Number of asterisks represents the strength of support and resistance levels.
