Pivot: 38.45
Our preference: long positions above 38.45 with targets at 38.85 & 39.05 in extension.
Alternative scenario: below 38.45 look for further downside with 38.15 & 37.95 as targets.
Comment: the RSI calls for a bounce.
Supports and resistances:
39.25
39.05
38.85
38.72 Last
38.45
38.15
37.95
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
TRADING CENTRAL is governed by the Code of Conduct of ANACOFI-CIF, an association approved by the Autorité des Marchés Financiers and registered with ORIAS under number 17005458.
Written on 08-28-2025 at 06:52 UTC+1
Price reference: 38.72 last known on 08-28-2025 at 06:52 UTC+1
Investment horizon: INTRADAY
TRADING CENTRAL recommends reading the legal and regulatory information as well as the warnings concerning the information provided accessible from the following link : https://global.tradingcentral.com/www/pdf/terms_of_use_web_sites_en.pdf