Pivot: 22.05
Our preference: LONG positions above 22.05 with 23.2 23.8 as next targets.
Alternative scenario: The downside penetration of 22.05 will call for 21.7 21.3.
Comment: the bullish flag pattern calls for a new up leg towards 23.2
Trend: ST Ltd downside; MT Bearish
Key levels Comment
24.15** Intraday resistance
23.8** Intraday resistance
23.2** Intraday resistance
22.543 Last
22.05** Intraday pivot point
21.7** Fib retracement (50%)
21.3** Intraday support
Copyright 1999 – 2013 TRADING CENTRAL