Pivot: 18.2
Our preference: Long positions above 18.2 with targets @ 23.05 25.1 in extension.
Alternative scenario: Below 18.2 look for further downside with 15.65 14.7 as targets.
Comment: technically, the RSI is above its neutrality area at 50. The declining trend line drawn from the top in November 2012 is broken, changing the technical picture to bullish.
Supports and resistances:
26
25.1
23.05
19.95 Last
18.2
15.65
14.7
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