Linde may fall to 405.00 - 410.00

Our pivot point stands at 448.

Our preference

Under pressure below 448.

Alternative scenario

Above 448, look for 457 and 462.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the share stands below its 20 and 50 day moving average (respectively at 437.1615 and 435.706).

Supports and resistances

462 **

457 *

448 **

444

428.94 (USD-last)

415

410 **

405 *

399 **

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