Date : 23 January 2023
Pivot point : 22520
Our preference : rebound.
Alternative scenario : the downside breakout of 22520 would call for 22230 and 22070.
Comment : the RSI is above its neutrality area at 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (22678) but under its 50 period moving average (22790).
Supports and resistances :
22745 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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