Linde may rise to 463.00 - 468.00

Our pivot point stands at 434.

Our preference

The upside prevails as long as 434 is support.

Alternative scenario

Below 434, expect 425 and 420.

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 stock is trading above both its 20 and 50 day moving average (respectively at 438.6835 and 435.7474).

Supports and resistances

474 **

468 *

463 **

457

444.75 (USD-last)

438

434 **

425 *

420 **

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