Our pivot point stands at 21.70.
Our preference
Rebound towards 23.26.
Alternative scenario
Below 21.70, expect 21.15 and 20.83.
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 under both its 20 and 50 period moving average (respectively at 22.33 and 22.65).
Supports and resistances
23.92 **
23.59 *
23.26 **
22.94
22.25 last
21.91
21.70 **
21.15 *
20.83 **
Number of asterisks represents the strength of support and resistance levels.


