Groupe ADP may fall to 102.70 - 105.50

Our pivot point is at 118.8.

Our preference

The downside prevails as long as 118.8 is resistance.

Alternative scenario

Above 118.8, look for 123.6 and 126.4.

Comment

The RSI is below 50. The MACD is negative and below its signal line. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 116.12 and 116.746).

Supports and resistances

126.4 **

123.6 *

118.8 **

116.9

114.5 (EUR-last)

108.3

105.5 **

102.7 *

99.9 **

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