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Our pivot point is at 14.72.
Our preference
The upside prevails as long as 14.72 is support.
Alternative scenario
The downside breakout of 14.72 would call for 14.65 and 14.61.
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 14.78 and 14.76).
Supports and resistances
15.01 **
14.97 *
14.93 **
14.88
14.79 last
14.75
14.72 **
14.65 *
14.61 **
Number of asterisks represents the strength of support and resistance levels.
