Linde may rise to 498.00 - 504.00

465 is our pivot point.

Our preference

As long as 465 is support look for 498.

Alternative scenario

Below 465, expect 454 and 448.

Comment

The RSI is above 50. The MACD is positive and below its signal line. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day moving average (respectively at 473.181 and 465.8362).

Supports and resistances

511 **

504 *

498 **

491

477.58 (USD-last)

469

465 **

454 *

448 **

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