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Our pivot point is at 142.34.
Our preference
The upside prevails as long as 142.34 is support.
Alternative scenario
The downside breakout of 142.34 would call for 141.48 and 140.97.
Comment
The RSI is above 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 142.89 and 142.59).
Supports and resistances
145.91 **
145.39 *
144.88 **
144.36
143.17 last
142.68
142.34 **
141.48 *
140.97 **
Number of asterisks represents the strength of support and resistance levels.
