Pivot: 4194
Our preference: long positions above 4194 with targets at 4241 & 4265 in extension.
Alternative scenario: below 4194 look for further downside with 4174 & 4162 as targets.
Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4295
4265
4241
4223 Last
4194
4174
4162
Head of Research at TRADING CENTRAL: Rémy GAUSSENS
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Written on 12-05-2025 at 13:09 UTC+1
Price reference: 4223 last known on 12-05-2025 at 13:09 UTC+1
Investment horizon: INTRADAY
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