Back to value
Momentum to the downside seem to have slowed with the RSI making a higher low and the price making short term lower lows. Price currently away from the volume peak price of 333.00 and could return to test close to that level. The 316.01 level could also be a slight sticking point but we must be aware that the company are reporting FY earnings on Monday so they may be some positioning ahead of this event.
The Support and Resistance levels are marked by the price labels on the chart.
Momentum to the downside seem to have slowed with the RSI making a higher low and the price making short term lower lows. Price currently away from the volume peak price of 333.00 and could return to test close to that level. The 316.01 level could also be a slight sticking point but we must be aware that the company are reporting FY earnings on Monday so they may be some positioning ahead of this event.
The Support and Resistance levels are marked by the price labels on the chart.
