Linde may rise to 463.00 - 471.00

Our pivot point stands at 421.

Our preference

Short term rebound towards 463.

Alternative scenario

Below 421, expect 407 and 399.

Comment

The RSI is below its neutrality area at 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the stock is trading above its 20 day moving average (432.7225) but under its 50 day moving average (440.7584).

Supports and resistances

479 **

471 *

463 **

454

433.7 (USD-last)

426

421 **

407 *

399 **

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