Date : 7 May 2021
Pivot point : 55040
Our preference : rebound towards 58516.
Alternative scenario : the downside breakout of 55040 would call for 53786 and 53040.
Comment : the RSI is below its neutrality area at 50. The MACD is above its signal line and negative. The configuration is mixed. Moreover, the price is trading above its 20 period moving average (56137) but under its 50 period moving average (56680).
Supports and resistances :
56207 – 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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