Linde may rise to 466.00 - 474.00

Our pivot point stands at 420.

Our preference

Our next up target stands at 466.

Alternative scenario

Below 420, expect 406 and 398.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 433.1865 and 438.5554). Finally, Linde is trading above its upper Bollinger band (standing at 439).

Supports and resistances

483 **

474 *

466 **

458

439.73 (USD-last)

425

420 **

406 *

398 **

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