Pivot: 1620.
Our Preference: Bearish below 1620 with targets @ 1465 1430 in extension.
Alternative scenario: An upside breakout of 1620 would open the way towards 1698.
Comment: the break below 1525 is a negative signal that has opened a path to 1430.
Trend: ST Ltd downside; MT Bearish, we have been bearish since 21 DEC 2012 (1667).
Key levels Comment
1698 Horizontal resistance
1656 Horizontal resistance
1620 Pivot point
1506 Last
1465 Horizontal support
1430 Horizontal support
1380 Horizontal support
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