Linde may rise to 455.00 - 460.00

429 is our pivot point.

Our preference

The upside prevails as long as 429 is support.

Alternative scenario

Below 429, expect 421 and 416.

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 434.329 and 437.2362).

Supports and resistances

465 **

460 *

455 **

450

440.02 (USD-last)

432

429 **

421 *

416 **

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