Date : 23 December 2020
Pivot point : 23982
Our preference : Target 22489.
Alternative scenario : The upside breakout of 23982, would call for 24513 and 24828.
Comment : The RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the price is trading under its 20 period moving average (23624) but above its 50 period moving average (23308).
Supports and resistances :
23448 – 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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