Pivot: 22.90
Our preference: LONG positions above 22.9 with 24.35 24.85 in sight.
Alternative scenario: The downside penetration of 22.9 will call for 22 20.25.
Comment: the RSI is supported by a bullish trend line.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
25.85** Intraday resistance
24.85** Intraday resistance
24.35** Intraday resistance
23.392 Last
22.9** Intraday pivot point
22** Previous low
20.25** Fib projection
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