Linde may rise to 459.00 - 463.00

Our pivot point stands at 434.

Our preference

The upside prevails as long as 434 is support.

Alternative scenario

Below 434, expect 427 and 422.

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 435.9285 and 436.4532).

Supports and resistances

468 **

463 *

459 **

454

441.17 (USD-last)

437

434 **

427 *

422 **

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