Date : 12 February 2021
Pivot point : 48546
Our preference : target 44019.
Alternative scenario : above 48546, look for 50131 and 51074.
Comment : the RSI is below 50. The MACD is positive and below its signal line. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (47628) but above its 50 period moving average (47021).
Supports and resistances :
47110 – Last price
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Trading Central
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