Date : 4 January 2021
Pivot point : 32299
Our preference : Rebound.
Alternative scenario : The downside breakout of 32299 would call for 31530 and 31072.
Comment : The RSI is above its neutrality area at 50. The MACD is negative and above its signal line. The MACD must break above its zero level to trigger further gains. Moreover, the price is trading above its 20 period moving average (33294) but under its 50 period moving average (33542).
Supports and resistances :
33349 – 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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