Pivot: 16.35
Our preference: Long positions above 16.35 with targets @ 16.7 16.93 in extension.
Alternative scenario: Below 16.35 look for further downside with 16.15 15.9 as targets.
Comment: The RSI lacks downward momentum.
Supports and resistances:
17.2 ***
16.93 **
16.7 **
16.48 Last
16.35 **
16.15 **
15.9 *
Copyright 1999 – 2015 TRADING CENTRAL