Pivot: 21.38
Our preference: LONG positions above 21.38 with targets @ 22.15 22.45.
Alternative scenario: The downside penetration of 21.38 will call for a slide towards 20.8 20.2.
Comment: a support base at 21.38 has formed and has allowed for a temporary stabilisation.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
22.85** Intraday resistance
22.45** Intraday resistance
22.15** Intraday resistance
21.81 Last
21.38*** Intraday pivot point
20.8* Fib projection
20.2** Previous low
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