Pivot: 16.44
Our preference: Long positions above 16.44 with targets @ 16.76 16.9 in extension.
Alternative scenario: Below 16.44 look for further downside with 16.3 16.08 as targets.
Comment: A support base at 16.44 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
17.2
16.9
16.76
16.524 Last
16.44
16.3
16.08
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