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Our pivot point stands at 13.67.
Our preference
The downside prevails as long as 13.67 is resistance.
Alternative scenario
The upside breakout of 13.67, would call for 13.99 and 14.18.
Comment
The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the price stands below its 20 and 50 period moving average (respectively at 13.58 and 13.52).
Supports and resistances
14.18 **
13.99 *
13.67 **
13.55
13.37 last
12.98
12.79 **
12.61 *
12.42 **
Number of asterisks represents the strength of support and resistance levels.
