Groupe ADP may rise to 125.80 - 129.10

Our pivot point stands at 109.5.

Our preference

Short term rebound towards 125.8.

Alternative scenario

Below 109.5, expect 103.9 and 100.6.

Comment

The RSI is below 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the share stands above its 20 day moving average (113.485) but below its 50 day moving average (115.244).

Supports and resistances

132.5 **

129.1 *

125.8 **

122.4

113.9 (EUR-last)

111.6

109.5 **

103.9 *

100.6 **

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