Pivot: 18.97
Our preference: LONG positions above 18.97 with 19.5 19.85 in sight.
Alternative scenario: The downside penetration of 18.97 will call for a slide towards 18.7 18.4.
Comment: the price has broken above a declining trend line.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
20.1** Intraday resistance
19.85** Intraday resistance
19.5** Intraday resistance
19.36 Last
18.97*** Intraday pivot point
18.7** Intraday support
18.4** Intraday support
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