Xinyi Solar ST: short term rebound towards 4.29

Our pivot point stands at 3.45.

Our preference: short term rebound towards 4.29.

Alternative scenario: the downside breakout of 3.45 would call for 3.17 and 3.

Comment: the RSI is below 50. The MACD is negative and above its signal line. The configuration is mixed. Moreover, the share stands below its 20 and 50 day moving average (respectively at 3.807 and 4.5246).

Updated Time: 21/07/2024 05:43 PM