Pivot: 27.55
Our preference: SHORT positions below 27.55 with 26.95 26.45 as next targets.
Alternative scenario: The upside penetration of 27.55 will call for 27.85 28.4.
Comment: the RSI advocates for further decline.
Trend: ST Ltd downside; MT Range
Key levels Comment
28.4** Intraday resistance
27.85** Intraday resistance
27.55** Intraday pivot point
27.034 Last
26.95** Fib projection
26.45* Fib projection
26.15** Fib projection
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