Our pivot point stands at 3853.
Our preference: rebound.
Alternative scenario: below 3853, expect 3791 and 3753.
Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to call for further upside. Moreover, the price stands above its 20 period moving average (3858) but below its 50 period moving average (3920).
Supports and resistances:
4092 **
4055 *
4018 **
3980
3906 last
3878
3853 **
3791 *
3753 **
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 03-15-2024 at 02:15 UTC+1
Price reference: 3906 last known on 03-15-2024 at 02:15 UTC+1
Investment horizon: INTRADAY
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