Date : 25 May 2021
Pivot point : 39434
Our preference : target 35916.
Alternative scenario : the upside breakout of 39434, would call for 40669 and 41404.
Comment : the RSI is below its neutrality area at 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 below its 20 period moving average (38713) but above its 50 period moving average (37704).
Supports and resistances :
38106 – Last price
Warning : This information isn’t a buy-sell signal.
Source : Trading Central
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