Groupe ADP may fall to 100.70 - 103.50

117.8 is our pivot point.

Our preference

The downside prevails as long as 117.8 is resistance.

Alternative scenario

The upside breakout of 117.8 would call for 122.7 and 125.5.

Comment

The RSI is below 50. The MACD is below its signal line and negative. The configuration is negative. Moreover, the share stands below its 20 and 50 day moving average (respectively at 117.24 and 118.118).

Supports and resistances

125.5 **

122.7 *

117.8 **

115.8

112.1 (EUR-last)

106.4

103.5 **

100.7 *

97.8 **

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