Downside Prevails
Our Pivot: 40.29
Our Preference: Short sell below 39.85 with strict stop loss of 40.29 and target at 39.20 and 38.80.
Alternate Scenario: Upward penetration of 40.29 will call for 41.06.
NOTE: Capped by a negative trend line.
Chart with Supports and Resistances:
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