Linde may rise to 456.00 - 464.00

417 is our pivot point.

Our preference

Short term rebound towards 456.

Alternative scenario

The downside breakout of 417 would call for 405 and 397.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 431.7765 and 446.2572).

Supports and resistances

471 **

464 *

456 **

448

429.92 (USD-last)

422

417 **

405 *

397 **

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