Groupe ADP may rise to 132.20 - 136.30

Our pivot point is at 113.

Our preference

Short term rebound towards 132.2.

Alternative scenario

Below 113, expect 106.4 and 102.3.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the stock is trading above its 20 day moving average (117.205) but under its 50 day moving average (121.528).

Supports and resistances

140.4 **

136.3 *

132.2 **

128.1

118.6 (EUR-last)

115.7

113 **

106.4 *

102.3 **

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