Our pivot point stands at 3.26.
Our preference: the upside prevails as long as 3.26 is support.
Alternative scenario: below 3.26 , expect 2.97 and 2.8.
Comment: the RSI is above 70. It could mean either that the price is in a lasting uptrend or just overbought and therefore bound to correct (look for bearish divergence in this case). the MACD is above its signal line and positive. The configuration is positive. The price is above its 20 and 50 day MA (respectively at 3.28 and 3).
