Pivot: 23.70
Our preference: LONG positions above 23.7 with targets @ 24.59 24.8.
Alternative scenario: The downside penetration of 23.7 will call for a slide towards 23.05 22.6.
Comment: the RSI is above its neutrality area at 50%.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
25.45** Channel resistance
24.8** Intraday resistance
24.59** Intraday resistance
24.176 Last
23.7*** Intraday pivot point
23.05** Intraday support
22.6* Intraday support
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