Date : 26 January 2021
Pivot point : 38255
Our preference : target 23695.
Alternative scenario : the upside breakout of 38255, would call for 45074 and 49134.
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 trading under its 20 period moving average (35678) but above its 50 period moving average (29178).
Supports and resistances :
31829 – 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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