Linde may rise to 476.00 - 481.00

Our pivot point stands at 436.

Our preference

The upside prevails as long as 436 is support.

Alternative scenario

Below 436, expect 426 and 421.

Comment

The RSI is above 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 444.7405 and 439.2236).

Supports and resistances

487 **

481 *

476 **

470

454 (USD-last)

440

436 **

426 *

421 **

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