Pivot: 31.35
Our preference: long positions above 31.35 with targets @ 32.75 33.3 in extension.
Alternative scenario: below 31.35 look for further downside with 30.25 29.3 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
34.3
33.3
32.75
31.88 Last
31.35
30.25
29.3
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