Pivot: 19.70
Our preference: SHORT positions below 19.7 with 19.1 18.7 as next targets.
Alternative scenario: The upside penetration of 19.7 will call for a rebound towards 19.9 20.1.
Comment: the break below 19.38 is a negative signal that has opened a path to 19.08.
Trend: ST Ltd downside; MT Bearish
Key levels Comment
20.1** Intraday resistance
19.9** Intraday resistance
19.7** Intraday pivot point
19.325 Last
19.1** Fib retracement (61.8%)
18.7** Intraday support
18.2** Intraday support
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