Pivot: 16.23
Our preference: Short positions below 16.23 with targets @ 16 15.9 in extension.
Alternative scenario: Above 16.23 look for further upside with 16.35 16.47 as targets.
Comment: As long as 16.23 is resistance, likely decline to 16.
Supports and resistances:
16.47
16.35
16.23
16.134 Last
16
15.9
15.8
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