Groupe ADP may fall to 99.60 - 103.40

125.8 is our pivot point.

Our preference

The downside prevails as long as 125.8 is resistance.

Alternative scenario

The upside breakout of 125.8 would call for 132.6 and 136.5.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 119.345 and 122.306).

Supports and resistances

136.5 **

132.6 *

125.8 **

123.2

114.9 (EUR-last)

107.3

103.4 **

99.6 *

95.8 **

Number of asterisks represents the strength of support and resistance levels.