Groupe ADP may rise to 138.90 - 141.40

Our pivot point stands at 125.6.

Our preference

The upside prevails as long as 125.6 is support.

Alternative scenario

Below 125.6, expect 121.6 and 119.1.

Comment

The RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 127.445 and 124.096).

Supports and resistances

143.9 **

141.4 *

138.9 **

136.4

131.3 (EUR-last)

127.3

125.6 **

121.6 *

119.1 **

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