The configuration is positive.
Short Term View (Rise, Limited Rise, Consolidation, Limited Decline, Decline) |
Rise |
---|---|
Change In Short Term View | None |
Medium Term View (Bullish, Range, Bearish) |
Bullish |
Change In Medium Term View | None |
13.1 is our pivot point.
Our preference: the upside prevails as long as 13.1 is support.
Alternative scenario: the downside breakout of 13.1 would call for 12.6 and 12.3.
Comment: the RSI is above its neutrality area at 50. The MACD is positive and above its signal line. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 13.0925 and 12.3442).
Supports and resistances:
14.3
13.3
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