Pivot: 19.50
Our preference: LONG positions above 19.5 with 20.5 21 as next targets.
Alternative scenario: The downside breakout of 19.5 will open the way to 19.1 18.6.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Trend: ST Ltd downside; MT Ltd downside
Key levels Comment
21.5 Intraday resistance
21 Intraday resistance
20.5 Intraday resistance
19.86 Last
19.5 Intraday pivot point
19.1 Intraday support
18.6 Intraday support
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