Pivot: 4705
Our preference: long positions above 4705 with targets at 4865 & 4950 in extension.
Alternative scenario: below 4705 look for further downside with 4655 & 4605 as targets.
Comment: the RSI is bullish and calls for further upside.
Supports and resistances:
5040
4950
4865
4816 Last
4705
4655
4605
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