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19.01 is our pivot point.
Our preference
The upside prevails as long as 19.01 is support.
Alternative scenario
The downside breakout of 19.01 would call for 18.95 and 18.92.
Comment
The RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is trading above both its 20 and 50 period moving average (respectively at 19.05 and 19.05).
Supports and resistances
19.25 **
19.21 *
19.18 **
19.14
19.07 last
19.03
19.01 **
18.95 *
18.92 **
Number of asterisks represents the strength of support and resistance levels.
