STMicroelectronics: bullish bias above 36.20 (AT)


Pivot point : 36.20

Our preference : long position above 36.20 with targets at 40.30 & 42.85 in extension.

Alternative scenario : in case of a break of 36.20, a continuation of the decline will be possible with 35.15 & 32.80 in sight.


A base of support at 36.20 formed and allowed temporary stabilization.

Technical analysis
TendencyCalculated data
Technical advicePositiveCourse on 07/0538.52
Basic trendNeutralPivot36.20
Bracket 136.20Additional distance 11.78
Bracket 235.15Additional distance 24.33
Resistance 140.30Additional variation 1+4.62%
Resistance 242.85Additional variation 2+11.24%
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