Rolls Royce: driving to further losses? We look to Sell a break of 81.96 (stop at 86.87)
Short Term - We look to Sell a break of 81.96 (stop at 86.87)
Bias is mildly bearish today but we need to see a break of 81.96 to confirm the downward pressure. The medium term bias remains bearish. The bias is still for lower levels and we look for any gains to be limited. We look for losses to be extended today.
Our profit targets will be 68.53 and 61.30
Resistance: 86.00 / 100.00 / 110.00
Support: 82.00 / 70.00 / 50.00
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