Air France-KLM: bullish as long as 12.8 is support (AT)







Synthesis

Our pivot point is located on : 12.8.

Our preference : bullish as long as 12.8 is support.

Alternative scenario : in a break of 12.8, Air France-KLM could go to 11.8 and 11.3.

Comment

The RSI is above 50. The MACD is above its signal line and positive. Additionally, prices are above their 20 and 50 moving averages (located at 12.71 and 12.1272 respectively).

Technical analysis
TendencyCalculated data
Technical advicePositivePrices on 12/2813.68
Basic trendBearishPivot12.80
Bracket 112.80Additional distance 11.82
Bracket 211.80Additional distance 22.42
Resistance 115.50Additional variation 1+13.30%
Resistance 216.10Additional variation 2+17.69%
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