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Our pivot point is at 100.
Our preference
As long as 100 is support look for 105.8.
Alternative scenario
The downside breakout of 100 would call for 98.1 and 96.8.
Comment
The RSI is above its neutrality area at 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is above its 20 and 50 day moving average (respectively at 101.687 and 97.6424).
Supports and resistances
108.2 **
107 *
105.8 **
104.7
102.2 (USD-last)
100.7
100 **
98.1 *
96.8 **
Number of asterisks represents the strength of support and resistance levels.
