Groupe ADP may rise to 133.40 - 135.50

Our pivot point is at 121.4.

Our preference

The upside prevails as long as 121.4 is support.

Alternative scenario

Below 121.4, expect 117.9 and 115.9.

Comment

The RSI is above 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is above its 20 and 50 day moving average (respectively at 124.82 and 123.636).

Supports and resistances

137.5 **

135.5 *

133.4 **

131.4

126.8 (EUR-last)

122.6

121.4 **

117.9 *

115.9 **

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