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(Z0) Fresh All-Time High Print

BTP TECHS
  • RES 4: 153.09 1.00 projection of Jun 10 - Aug 20 - Sep 9 swing (cont)
  • RES 3: 152.71 1.236 proj of Oct 22 - Nov 9 rally from Nov 11 low
  • RES 2: 152.00 Round number resistance
  • RES 1: 151.46 All Time High Nov 24
  • PRICE: 151.34 @ Close Nov 24
  • SUP 1: 150.36 20-day EMA
  • SUP 2: 149.64 Low Nov 12
  • SUP 3: 149.09 Low Nov 11 and key near-term support
  • SUP 4: 148.97 Low Nov 2

BTPS extended recent gains and registered a fresh all-time high of 151-46. The move above resistance at 151.30, high Nov 9 and 23 confirms a resumption of the underlying uptrend and paves the way for a climb towards the 150.00 handle with a Fibonacci projection at 152.02. Near-term firm support has been defined at 150.36, the 20-day EMA low where a clear break is required to dent the current bullish mood.

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