Pivot (invalidation): 56.00

Our preference Long positions above 56.00 with targets at 57.40 & 58.00 in extension.

Alternative scenario Below 56.00 look for further downside with 55.30 & 54.35 as targets.

- advertisement -

Comment Even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.