IBEX Intraday: bullish bias above 8274.

Trading Central 2021-01-14 16:47:05

Pivot: 8274

Our preference: long positions above 8274 with targets at 8428 & 8500 in extension.

Alternative scenario: below 8274 look for further downside with 8214 & 8135 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

8530 **

8500 **

8428 **

8375 Last

8274 **

8214 **

8135 **

The trading strategy containing reference trading prices and analysis opinions is provided by the third-party provider Trading Central.And the trading strategy is only the personal research and judgment by analysts,which is not a statement of facts.No representation or warranty is given as to the accuracy or completeness of this strategy. Consequently any person acting on it does so entirely at their own risk. TOP1 accepts no responsibility for any use that may be made of these comments and for any consequences that result.

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