Pivot: 19.7
Our preference: Long positions above 19.7 with targets @ 23.05 25.1 in extension.
Alternative scenario: Below 19.7 look for further downside with 18.2 15.65 as targets.
Comment: the RSI is well directed. The 20-day moving average crossed above the 50-day moving average, forming a golden cross.
Supports and resistances:
26
25.1
23.05
21.75 Last
19.7
18.2
15.65
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