Baidu ST : Gap
The configuration is positive.
Our pivot point is at 87.22.
Our preference: the upside prevails as long as 87.22 is support
Alternative scenario: below 87.22, expect 78.69 and 73.60.
Comment: the RSI is above its neutrality area at 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the price is above its 20 and 50 period moving average (respectively at 92.42 and 89.39).
Supports and resistances:
121.70 **
116.52 *
111.34 **
106.15
94.27 USD - last
90.58
87.22 **
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