Linde may fall to 440.00 - 446.00

Our pivot point stands at 479.

Our preference

Target 446.

Alternative scenario

Above 479, look for 489 and 496.

Comment

The RSI is below its neutrality area at 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is below its 20 day moving average (472.451) but above its 50 day moving average (464.2546).

Supports and resistances

496 **

489 *

479 **

474

469.28 (USD-last)

453

446 **

440 *

433 **

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