Air France-KLM: bullish as long as 9.4 is not broken (AT)


Synthesis

Our pivot point is at : 9.4.

Our preference : bullish until 9.4 is broken.

Alternative scenario : breaking 9.4, Air France-KLM could go to 8.7 and 8.3.

Comment

The RSI is above 50. The MACD is negative and above its signal line. The MACD must exceed the zero line to validate a continuation of the increase. Additionally, prices are above their 20 and 50 moving averages (located at 9.8339 and 10.0009 respectively).

Technical analysis
TendencyCalculated data
Technical advicePositiveCourse on 07/0510.07
Basic trendBearishPivot9.40
Bracket 19.40Additional distance 11.33
Bracket 28.70Additional distance 21.73
Resistance 111.40Additional variation 1+13.21%
Resistance 211.80Additional variation 2+17.18%
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