Linde may rise to 468.00 - 475.00

Our pivot point is at 433.

Our preference

As long as 433 is support look for 468.

Alternative scenario

The downside breakout of 433 would call for 422 and 416.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is below its 20 day moving average (447.1455) but above its 50 day moving average (440.56).

Supports and resistances

482 **

475 *

468 **

462

447.02 (USD-last)

438

433 **

422 *

416 **

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