Linde may rise to 471.00 - 477.00

435 is our pivot point.

Our preference

The upside prevails as long as 435 is support.

Alternative scenario

Below 435, expect 425 and 420.

Comment

The RSI is above 50. The MACD is above its signal line and positive. The configuration is positive. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 439.983 and 437.2042).

Supports and resistances

484 **

477 *

471 **

465

451.39 (USD-last)

439

435 **

425 *

420 **

Number of asterisks represents the strength of support and resistance levels.