Groupe ADP may rise to 140.40 - 142.90

Our pivot point is at 128.2.

Our preference

The upside prevails as long as 128.2 is support.

Alternative scenario

Below 128.2, expect 124.3 and 121.8.

Comment

The RSI is above 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 128.075 and 124.336).

Supports and resistances

145.3 **

142.9 *

140.4 **

138

131.7 (EUR-last)

129.8

128.2 **

124.3 *

121.8 **

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