Linde may fall to 408.00 - 413.00

Our pivot point stands at 443.

Our preference

Eye 413.

Alternative scenario

The upside breakout of 443 would call for 452 and 457.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the stock is below its 20 day moving average (437.0715) but above its 50 day moving average (434.9144).

Supports and resistances

457 **

452 *

443 **

439

435.72 (USD-last)

418

413 **

408 *

403 **

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