Pivot: 47.9
Our preference: Long positions above 47.9 with targets @ 51.15 52.05 in extension.
Alternative scenario: Below 47.9 look for further downside with 47 45.3 as targets.
Comment: The immediate trend remains up and the momentum is strong.
Supports and resistances:
52.55
52.05
51.15
49.77 Last
47.9
47
45.3
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